Wren Advisers Daily Update
Summary: Friday 1-May-2026
Australia Value Chg
S&P/ASX All Ordinaries Index 8,954.7 67.1
S&P/ASX 200 Index 8,729.8 64.0
ASX Volume (million) 2,865.650 -599.850
ASX Advances 1,139 ---
ASX Declines 670 ---
ASX Value ($ million) 7,755.510 -2,746.190
RBA cash rate (%) 4.10 0.00
90 day bank bill rate (%)     ---     ---
10 year Treasury bond yield (%) 5.02 -0.04
AUD/USD 0.7191 0.0078
AUD/TWI 66.7 0.4
USD/JPY 157.28 -3.38
EUR/USD 1.1721 0.0060
Asia Value Chg
Nikkei 225 Index 59,513.12 228.20
Hang Seng Index 25,776.53 0.00
Europe Value Chg
FTSE 100 Index 10,363.93 -14.89
DAX Index 24,292.40 0.00
North America Value Chg
Dow Jones Industrial Average 49,499.27 -152.87
NYSE Volume (million) 1,103.790 -378.530
NYSE Advances 1,335 ---
NYSE Declines 1,381 ---
NASDAQ Composite Index 25,114.44 222.13
NASDAQ Volume (million) 7,534.300 -604.900
NASDAQ Advances 3,026 ---
NASDAQ Declines 1,766 ---
US 3 month Treasury bill rate (%) 3.66 -0.01
US 10 year Treasury bond yield (%) 4.38 0.00
Commodities Value Chg
London PM gold price (US$/oz) 4,636.90 25.55
WTI crude oil price (US$/bbl) 102.50 -3.09
Market News
There is a broad-based rally on the ASX led by resources and technology stocks. Gold stocks are outperform, especially Capricorn Metals (CMM) +3.9%, Kingsgate Consolidated (KCN) +2.9% and West African Resources (WAF) +2.4%.

S&P/ASX 200 Intraday

ABS producer price index (PPI) rises 0.4% in the March quarter 2026 and is 3.0% higher for the year. Cost in the manufacturing industry were up 2.1% in the quarter while building construction costs increased by 1.0%. Annual fee rises lifted higher education prices by 5.4%.

Producer Price Index (Yearly % change) and Inflation Target Band

ANZ Group (ANZ) slumps 2.8% after reporting a 5.9% increase in first-half cash earnings to $3,780 million. Operating income was down 0.9% to $11,079 million.

Coles Group (COL) rallies 3.7% after reporting group sales of $10,703 million in the March quarter 2026, up 3.1% on the same period a year earlier. But analysts warn that rising costs cloud the outlook.

ResMed Inc (RMD) sinks 3.5% despite posting a 17.2% rise in net income for the March quarter 2026 versus a year earlier. Revenue was up 10.8% to US$1,431.4 million.

S&P/ASX Sector Indices (% change)

Gold miner Evolution Mining (EVN) gains 2.1% after releasing its annual mineral resources and ore reserves statement for December 2025. Group mineral resources are now estimated at 31 million ounces of contained gold.

SkyCity Entertainment (SKC) dives 5.6% after saying it now expects underlying FY26 EBITDA to be NZ$180-190 million, down from its previous guidance of NZ$190-210 million.

Lenders mortgage insurance provider Helia Group (HLI) improves 0.2% after reporting gross written premium (GWP) of $34.5 million in the March quarter 2026, down from $51.0 million a year earlier.

Atlas Arteria (ALX) falls initially but recovers to close flat after saying that suitor IFM Investors' takeover proposal 'represents a premium of less than 10%' to the last closing price and is 'subject to many conditions.'

S&P/ASX Market Moving Stocks

US stocks gain ground on hopes for a positive resolution of the Iran conflict. Analysts say that the US now has the upper hand with its naval blockade.

S&P 500 rises for a fifth consecutive week, its longest streak since 2024.

US housing foreclosures jump to a six-year high with an increase of 26% in the March quarter 2026.

The gold price falls US$15.80 to US$4,614.40 per ounce in New York trading.

Asset Class Performance (Yearly % total return)




WARNING: While all care has been taken in the preparation of this database (using sources believed to be reliable and accurate), we do not accept responsibility for any loss suffered by any person arising from reliance on this information. This update must not be reproduced in whole or in part without the express written consent of Wren Advisers. The information is of a general nature only and has not been prepared to take into account any particular investor's objectives, financial situation or needs. Investors should seek professional advice from a financial adviser before making any investment decisions based on this information. All figures in Australian dollars unless otherwise indicated.


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