Bitcoin gains past US$46k. Boral surges after huge half year results. Picture Getty
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The ASX 200 gained modestly on Friday, up by around 0.10%. For the week, the index was down around half a percent.
Overnight, US stock indices gained modestly following strong earnings and guidance from Arm Holdings, which surged by almost 50%.
Traders also parsed through comments from Federal Reserve Bank of Richmond President, Thomas Barkin, who became the latest Fed member to say that policymakers should bide their time in cutting rates.
The US dollar jumped against major currencies after his comments. At this time of writing, the Aussie dollar is changing hands at US$0.6492.
Oil prices also spiked overnight by around 3%, amid doubts over a potential cease-fire in the Israel-Hamas war.
Bitcoin meanwhile has topped US$46k in Asia hours, trading at US$46,035 at this time of writing, reaching its highest point since the ETF approval in early January.
On the ASX today, Healthcare and Tech stocks led, while Energy was weighed down by uranium stocks.
Among the biggest movers today was Cochlear (ASX:COH), which surged +4% and hit record highs following its earnings guidance upgrade yesterday.
Meanwhile across the region, Chinese stocks in Hong Kong fell for the third straight today, ahead of the upcoming Chinese New Year holidays.
Swipe or scroll to reveal the full table. Click headings to sort.
| Code | Name | Price | % Change | Volume | Market Cap |
|---|---|---|---|---|---|
| LTR | Liontown Resources | 1.13 | 11.39 | 16,737,647 | $2,447,438,032 |
| BLD | Boral Limited | 5.84 | 7.95 | 6,453,290 | $5,967,708,347 |
| AD8 | Audinate Group Ltd | 15.99 | 5.27 | 234,973 | $1,262,423,219 |
| REA | REA Group | 185.38 | 5.07 | 131,365 | $23,309,440,595 |
| MGH | Maas Group Holdings | 4.25 | 4.42 | 604,790 | $1,334,651,905 |
| LTM | Arcadium Lithium PLC | 7.09 | 4.26 | 1,613,352 | $2,873,609,912 |
| COH | Cochlear Limited | 317.70 | 4.25 | 98,499 | $19,958,670,206 |
| 360 | Life360 Inc. | 7.98 | 3.77 | 532,622 | $1,572,354,998 |
| SVW | Seven Group Holdings | 37.00 | 3.61 | 449,810 | $12,983,641,312 |
| CCP | Credit Corp Group | 18.39 | 3.31 | 259,838 | $1,211,590,037 |
| LNW | Light & Wonder Inc. | 134.22 | 3.09 | 34,152 | $2,023,120,121 |
| CDA | Codan Limited | 8.41 | 3.06 | 160,869 | $1,479,539,482 |
| SDR | Siteminder | 5.43 | 3.04 | 268,609 | $1,460,138,379 |
| CHC | Charter Hall Group | 12.25 | 2.85 | 764,173 | $5,633,396,640 |
| IFL | Insignia Financial | 2.29 | 2.69 | 724,514 | $1,486,577,659 |
| RDX | Redox Limited | 2.32 | 2.65 | 38,416 | $1,186,684,027 |
| CSR | CSR Limited | 6.75 | 2.58 | 1,257,103 | $3,141,184,002 |
| CMW | Cromwell Prop | 0.42 | 2.47 | 868,004 | $1,060,641,013 |
Liontown Resources (ASX:LTR) was the best performing large cap today, up 11% on no specific news.
Boral (ASX:BLD) surged today after reporting strong H1 FY24 revenue of $1.839 billion, up 9.4% on pcp. Underlying bottom line NPAT was $138.6 million, up 143.9% on pcp. The company guided the market to an underlying EBIT guidance $330-350 million (previously $300-330 million) for the full year.
Unibail Rodamco Westfield (ASX:URW) reported strong operating performance for the full year FY23, with tenant sales up +6.4%, above core inflation, and footfall up +4.9% on pcp. The company reported €1.63b in full year net loss from a €178k net profit a year ago. The company said it was a challenging investment environment, but it still managed to secure 11 transactions totalling €1 billion. Total disposals since 2021 have contributed €5.1 billion to its net debt reduction, and the company said it remains committed to further deleveraging. URW proposed to pay a €2.50 cash distribution, pending shareholder approval at the AGM in April.
Swipe or scroll to reveal the full table. Click headings to sort.
| Code | Name | Price | % Change | Volume | Market Cap |
|---|---|---|---|---|---|
| BOE | Boss Energy Ltd | 5.27 | -12.10 | 8,768,160 | $2,447,827,535 |
| SLX | Silex Systems | 5.15 | -10.12 | 919,868 | $1,351,971,010 |
| DYL | Deep Yellow Limited | 1.51 | -9.85 | 12,703,475 | $1,280,893,159 |
| PDN | Paladin Energy Ltd | 1.32 | -7.37 | 25,064,849 | $4,253,119,384 |
| NIC | Nickel Industries | 0.65 | -4.04 | 3,611,641 | $2,914,350,718 |
| SLR | Silver Lake Resource | 1.08 | -3.57 | 3,425,257 | $1,046,913,653 |
| TUA | Tuas Limited | 3.13 | -3.10 | 77,547 | $1,506,403,430 |
| RED | Red 5 Limited | 0.32 | -3.03 | 11,353,337 | $1,143,054,181 |
| GNC | GrainCorp Limited | 8.29 | -2.93 | 403,636 | $1,915,837,954 |
| BSL | BlueScope Steel Ltd | 21.93 | -2.84 | 1,301,250 | $10,064,072,442 |
| GMD | Genesis Minerals | 1.57 | -2.64 | 1,406,256 | $1,770,778,725 |
| MEZ | Meridian Energy | 5.21 | -2.43 | 28,086 | $6,760,838,198 |
| HSN | Hansen Technologies | 5.15 | -2.28 | 107,700 | $1,070,881,855 |
| TCL | Transurban Group | 12.90 | -2.24 | 4,121,079 | $40,735,428,513 |
| AMC | Amcor PLC | 14.08 | -2.09 | 3,278,405 | $9,157,016,056 |
| AGL | AGL Energy Limited. | 8.63 | -1.99 | 4,059,157 | $5,920,175,650 |
| WHC | Whitehaven Coal | 7.49 | -1.90 | 3,831,748 | $6,383,263,982 |
| JDO | Judo Cap Holdings | 1.17 | -1.88 | 468,239 | $1,325,614,495 |
| CKF | Collins Foods Ltd | 11.26 | -1.83 | 141,562 | $1,348,651,604 |
Boss Energy (ASX:BOE) was down -12% today on the broader weakness of uranium stocks.
Genesis Minerals (ASX:GMD) has completed the purchase of gold deposits in the Cardinia Gold Project in WA from Kin Mining (ASX:KIN), as announced on 14 December.
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