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Sharemarket

Today

Hedge fund Sage Capital, run by Sean Fenton has underperformed this quarter, in part due to a short on Commonwealth Bank.

Hedge fund Sage Capital doubles down on CBA short despite losses

While the latest quarter proved difficult, the short seller insists the bank’s expensive price tag is due for a reckoning.

Fundies and analysts say ASX travel stocks like Web Travel Group, SiteMinder and Corporate Travel offer better value than the two major airlines after coming off in the last year.

Tourism stocks have been on a one-way trip down. Is it time to buy?

Fund managers and analysts are split about the prospects for travel and transport businesses. But there are some big opportunities for adventurous investors.

Macquarie believes the ASX rally can keep running.

Macquarie has a grand new market theory (and 6 stocks to back it up)

The surge in ASX valuations has puzzled market strategists. But the group has a new indicator that supports the move – and suggests it can keep running.

Schroder’s Adam Kibble spent more than two decades at Macquarie before moving to the global money manager.

How this fundie’s best career call shapes Schroders’ funds

Adam Kibble made a cracking investment decision before the GFC by being “really pre-emptive”. He’s now trying to do the same for the $1.6 trillion money manager.

Yesterday

A pedestrian on Wall Street in New York. Results from major American corporations will set the tone for the market, and drive local shares this week.

ASX to fall, but week hinges on RBA speech and Wall Street earnings

Investors will be watching for dovish sentiment in central bank commentary and results from Alphabet and Tesla, as the local benchmark points slightly lower.

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The big (but not necessarily beautiful) bet against the Aussie dollar

For the first time industry super funds now have more money allocated to unhedged international equities than they have invested in the Australian sharemarket.

This Month

Shares were modestly lower in Friday trading in New York.

S&P 500, Nasdaq rallies run out of steam

US shares ended the final trading session of the week in New York little changed. More than 1400 companies including Tesla will report results next week.

Fund managers said the gloomy earnings view is overly backward-looking and doesn’t account for shifting dynamics in the resources sector.

Fundies shrug off worries that ASX earnings will slide for third year

Despite a soaring sharemarket, Morningstar has warned ASX 20 profits are still falling. But major investors see a rebound taking shape, helped by commodities.

The ASX is poised to open higher.

ASX rises 2.1pc for week; best week since May

Bourse ends at record in strongest session in three months. BHP rallies as CEO says China demand ‘resilient’. CSL posts its best week since 2021. Follow live.

Australian fund managers warn that the iron ore rally, spurred by prospects of Chinese property sector relief, could be short-lived.

Investors stay wary as stimulus speculation helps boost iron ore price

Construction starts and production in China, one of the world’s biggest steel markets, continue to fall. But shares in ASX-listed iron ore giants are rising.

Donald Trump isn’t scaring the equity market bulls.

While we fixate on Epstein and ankles, Trump’s plan is working

Sharemarket investors have dismissed the Trump circus as noise. But for all the chaos, the US President’s big plan is still on track and bond investors are very nervous.

Franking cfedits can turbocharge dividends paid by companies to SMSFs.

This massive handout could pump your SMSF up by $665,058

SMSFs get a huge income boost from the franking credits paid on ASX dividends. Here are eight to consider.

The sharemarket is set to open higher.

ASX rallies to record on rate cut bets; CBA pace gains

Bourse closes at record high for second time this week as investors tip a rate cut after ‘shock’ jobless rate bounce. Iron ore rises to two-week high. CAR Group retreats amid CEO exit. Follow live.

CSL chief executive Paul McKenzie is expected to announce a share buyback.

These stocks are set to join the ASX buyback boom

The sharemarket is set to eclipse last year’s record number of buybacks as boards become more risk-averse in the Trump era.

‘That’s a double your money story’: Gerry Harvey’s latest bets

The 85-year-old Harvey Norman executive chairman resents days at home, and says tackling new challenges and dealmaking every day has kept him going.

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SG Hiscock’s Philllip Li.

Here’s one ASX gold miner that is tipped to re-rate

SG Hiscock’s Phillip Li names one of the last remaining cheap gold stocks that’s set to soar and explains why he backs Qualitas.

Donald Trump is casting a big shadow over Jerome Powell’s final year as Fed chair.

‘Investors wake up!’: Bond king’s dire warning on Trump v Powell

Donald Trump has wrecked the Federal Reserve’s independence and shareholders are becoming aware. Turmoil in the debt market could create a shock for stocks.

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The simple hack that can make investors 40pc better at predicting risk

Wondering what financial markets will be doing in a month? The answer could lie in today’s news.

Goldman Sachs traders made $6.6 billion in equity trading revenue in the second quarter of 2025.

Goldman Sachs posts $6.6b trading quarter – the best in Wall St history

Stock traders at the investment bank pulled in a massive $6.6 billion in equity-trading revenue – more than half a billion dollars more than analysts expected.

CBA pain trade

What Airlie is doing next after getting CBA ‘totally wrong’

The Sydney money manager is sticking with its underweight on the big four lenders. There are other blue-chip stocks the team like better.

Original URL: https://www.afr.com/topic/sharemarket-61t