The ASX 200 (XJO) is trading at 8,503.9, up +87.4 points (+1.04%), lead coming from strong gains from U.S. markets overnight. Almost all the sectors on ASX looking green as of now except energy.
2. Overnight US Markets:
Overnight, all major U.S. indices rose:
S&P 500: +0.98%
Dow Jones: +1.08%
NASDAQ: +0.88%
Russell 2000 (small caps): +2.80%
A broad rally across U.S. markets — especially when both tech (NASDAQ) and small caps (Russell 2000) rally — signals strong investor confidence. This positivity flows through to global markets including Australia.
3. US Sector Performance:
Almost all major U.S. sectors were positive:
Winners:
Communication Services (+2.15%), Health Care (+2.11%), Materials (+2.09%)
Losers:
Na
This rally wasn’t driven by just one sector — it was widespread. That’s usually a healthy sign for global markets.
4. Commodities: A major driver for the ASX
Gold -0.32% Gold slightly down may soften gold miners.
Silver+0.25%
Copper +0.86% Copper up is positive for our big miners like BHP, Rio Tinto, OZ Minerals.
WTI Oil -1.59% Oil down may weigh on energy stocks like Woodside or Santos.
5. What to Watch Today (ASX Focus)
Key focus: Wednesday’s Monthly CPI Report
Australia has now shifted to monthly CPI rather than quarterly.
This is important because CPI → inflation → interest rates.
The market will be watching to see whether inflation is slowing or remaining sticky.
Big Corporate Story: BHP Revives Bid for Anglo American
According to Reuters, BHP is reportedly reviving its takeover bid for mining giant Anglo American.
This comes months after Anglo merged with Canada’s Teck Resources to form a major copper-focused group.
Why this matters:
If true, this could be one of the biggest mining M&A moves in years and has major implications for copper supply and Australian mining influence globally.
6. Broker Move:
Here are the important upgrades/downgrades:
Accent Group (AX1) – Multiple downgrades (A lot of negative sentiment toward AX1 today)
Strong overnight performance from the U.S. suggests a positive start for the ASX.
Copper rising supports Australian miners — this is a key tailwind.
Oil falling may drag on energy stocks.
The CPI report on Wednesday will be a major driver this week.
Big story to watch: BHP’s revived bid for Anglo American.
Expect volatility among companies with broker rating changes, especially Accent Group (AX1).
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
ASX set for strong start amid postive global cues
1. ASX Outlook-
The ASX 200 (XJO) is trading at 8,503.9, up +87.4 points (+1.04%), lead coming from strong gains from U.S. markets overnight. Almost all the sectors on ASX looking green as of now except energy.
2. Overnight US Markets:
Overnight, all major U.S. indices rose:
A broad rally across U.S. markets — especially when both tech (NASDAQ) and small caps (Russell 2000) rally — signals strong investor confidence. This positivity flows through to global markets including Australia.
3. US Sector Performance:
Almost all major U.S. sectors were positive:
Winners:
Communication Services (+2.15%), Health Care (+2.11%), Materials (+2.09%)
Losers:
Na
This rally wasn’t driven by just one sector — it was widespread. That’s usually a healthy sign for global markets.
4. Commodities: A major driver for the ASX
5. What to Watch Today (ASX Focus)
Big Corporate Story: BHP Revives Bid for Anglo American
Why this matters:
If true, this could be one of the biggest mining M&A moves in years and has major implications for copper supply and Australian mining influence globally.
6. Broker Move:
Here are the important upgrades/downgrades:
Accent Group (AX1) – Multiple downgrades (A lot of negative sentiment toward AX1 today)
Upgrades
7. Stocks Trading Ex-Dividend:
Today’s ex-dividend stocks:
Our take at Kapitales Research:
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au