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The local bourse is heavily tilted to the banks and a handful of other stocks, while the outperforming US market is overly exposed to tech stocks.
Gold finished little changed after a volatile week, but State Street still sees room for higher prices while ASX producers continued to shine.
Stockhead’s end-of-week wrap covering small-cap ASX movers, news of note and expert recommendations – this week featuring Lion Selection Group’s Hedley Widdup.
The healthcare sector extended its recent recovery despite broader market weakness, with several key milestones looming across the sector.
Travel operators are reporting a near-immediate surge in demand, following the easing of travel advice in the Middle East.