📊 $ASR — Today’s ASX 200 Snapshot
• The S&P/ASX 200 inched up +0.19%, closing around 8,634.6.
• Strength came from materials, financials, and select tech stocks, while consumer discretionary, energy, and communications lagged behind.
🔎 What Drove the Upside?
• Big miners led the charge — BHP, Fortescue, IGO, Mineral Resources and other commodity-linked names climbed on stronger commodity prices and upbeat sector outlooks.
• NextDC jumped after announcing a major new AI-infrastructure deal, boosting interest in data-centre and AI-aligned plays.
⚠️ Key Watch-Outs
• Despite the uptick, broader headwinds remain: rising yields, rate-pressure expectations, and sector rotations.
• Underperformance in energy, comms, and consumer discretionary shows the rally wasn’t fully broad-based.
🧭 What to Watch Next
• Commodity momentum — iron ore, lithium, and metals trends will strongly influence the resource-heavy ASX.
• Global & domestic rate signals — central-bank moves could impact valuations, especially rate-sensitive names.
• AI & tech infrastructure — more deals like NextDC’s could signal a structural shift beyond traditional
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