ASX 200 lower despite RBA minutes tipping rate hikes off table, gold stocks shine again

LiveWire04-02

Today in Review Major market moves The S&P/ASX 200 (XJO) finished 9 points higher at 7,887.9, smack-bang at the mid-point of the session's range. In the broader-based S&P/ASX 300 (XKO), ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2424522066?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-02 16:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2424522066","market":"us","top_or_hot":-1,"title":"ASX 200 lower despite RBA minutes tipping rate hikes off table, gold stocks shine again","media":"LiveWire","content":"<div>\n<p>Today in Review\n\n\n\n\n\n\n\n\n\nMajor market moves\nThe S&P/ASX 200 (XJO) finished 9 points higher at 7,887.9, smack-bang at the mid-point of the session's range. In the broader-based S&P/ASX 300 (XKO), ...</p>\n\n<a href=\"https://www.livewiremarkets.com/wires/asx-200-lower-despite-rba-minutes-tipping-rate-hikes-off-table-gold-stocks-shine-again\">Source Link</a>\n\n</div>\n","source":"livewire_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ASX 200 lower despite RBA minutes tipping rate hikes off table, gold stocks shine again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nASX 200 lower despite RBA minutes tipping rate hikes off table, gold stocks shine again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-02 16:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.livewiremarkets.com/wires/asx-200-lower-despite-rba-minutes-tipping-rate-hikes-off-table-gold-stocks-shine-again><strong>LiveWire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Today in Review\n\n\n\n\n\n\n\n\n\nMajor market moves\nThe S&P/ASX 200 (XJO) finished 9 points higher at 7,887.9, smack-bang at the mid-point of the session's range. In the broader-based S&P/ASX 300 (XKO), ...</p>\n\n<a href=\"https://www.livewiremarkets.com/wires/asx-200-lower-despite-rba-minutes-tipping-rate-hikes-off-table-gold-stocks-shine-again\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ALQ.AU","symbol_name":"ALS LTD","start_time":0,"source_url":"https://www.livewiremarkets.com/wires/asx-200-lower-despite-rba-minutes-tipping-rate-hikes-off-table-gold-stocks-shine-again","article_id":"2424522066","we_media_id":null,"thumbnails":[],"rights":{"source":"livewire_stock","url":"https://www.livewiremarkets.com/wires/asx-200-lower-despite-rba-minutes-tipping-rate-hikes-off-table-gold-stocks-shine-again","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2424522066","pubTimestamp":1712047024,"sourceInfo":{"source_id":"livewire_stock","name":"Livewire Markets"},"weMediaInfo":null,"summary":"The S&P/ASX 200  finished 9 points higher at 7,887.9, smack-bang at the mid-point of the session's range. In the broader-based S&P/ASX 300 , advancers and decliners were equally undecided, lagging by a narrow 124 to 149 margin.The Gold   sub-index was again the best performing sector today, likely in response to fresh highs in the gold price since our last Evening Wrap.Also doing well today was the broader Resources   sector of which the XGD is part of, but there was definitely a growth-oriented theme today with the Energy   sector logging the next best gain.Not a continuation setup like RED. Not at all. This is what I call a 'turnaround setup'. The short term trend is up, it's well-established now, and it appears to be accelerating. The long term trend is down - yes down!This is OK for me as long as the long term trend is showing signs of transitioning to up. This is evidenced by its contraction and a switch to orange indicating a neutral trend.","collect":0,"end_time":0,"defaultTopTitle":"livewiremarkets.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ALQ.AU":"ALS LTD","CUV.AU":"CLINUVEL PHARMACEUTICALS LTD","NXG.AU":"NEXGEN ENERGY LTD-CDR","EBR":"巴西电力","ASB.AU":"AUSTAL LTD","CPU.AU":"COMPUTERSHARE LTD","NIC":"Nicolet Bankshares Inc.","XJO.AU":"标普/澳交所 200指数","FPH.AU":"FISHER & PAYKEL HEALTHCARE C","AZY.AU":"ANTIPA MINERALS LTD","XKO.AU":"标普/澳交所 300指数","LAU.AU":"LINDSAY AUSTRALIA LTD","PTM.AU":"PLATINUM ASSET MANAGEMENT","HLI":"华利安","NXL":"Nexalin Technology, Inc.","OBM.AU":"ORA BANDA MINING LTD","DRR":"Market Vectors Double Short Euro","IPD.AU":"IMPEDIMED LTD","BSL.AU":"BLUESCOPE STEEL LTD","SFR.AU":"SANDFIRE RESOURCES LTD","ALD":"联合资本","ALD.AU":"AMPOL LTD","VEA.AU":"VIVA ENERGY GROUP LTD","ASN.AU":"ANSON RESOURCES LTD","A1M.AU":"AIC MINES LTD","BCB.AU":"BOWEN COKING COAL LTD","AMP":"阿莫斯莱斯金融","MIN.AU":"MINERAL RESOURCES LTD","VEA":"EAFE指数ETF-Vanguard MSCI","CTT.AU":"Cettire","TPW.AU":"TEMPLE & WEBSTER GROUP LTD","BPT":"BPT信托","ORA":"奥玛特科技","NXG":"NXG NextGen Infrastructure Income Fund","BRN":"Barnwell Industries Inc","SSR.AU":"Ssr","WHC.AU":"WHITEHAVEN COAL LTD","FPH":"五点控股","CIA.AU":"CHAMPION IRON LTD","EBR.AU":"EBR SYSTEMS INC-CDI","ORA.AU":"ORORA LTD","SCG.AU":"SCENTRE GROUP","MSB":"美莎比信托","LYC.AU":"LYNAS RARE EARTHS LTD","MIN":"MFS Intermediate Income Trust","CRN.AU":"CORONADO GLOBAL RESOURCE-CDI","TWE.AU":"TREASURY WINE ESTATES LTD","PTM":"E-TRACS UBS Long Platinum ETF","PLS.AU":"PILBARA MINERALS LTD","XJR":"iShares ESG Screened S&P Small-Cap ETF"},"translate_title":"ASX 200指数下跌尽管澳大利亚央行会议纪要暗示加息不在谈判桌上，黄金股再次闪耀","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PTM.AU":1,"MIN":1,"MIN.AU":1,"MSB":1,"NIC":1,"NXG":1,"NXG.AU":1,"NXL":1,"OBM.AU":1,"ORA":1,"ORA.AU":1,"PLS.AU":1,"PTM":1,"LYC.AU":1,"SCG.AU":1,"SFR.AU":1,"SSR.AU":1,"TPW.AU":1,"TWE.AU":1,"VEA":1,"VEA.AU":1,"WHC.AU":1,"XJO.AU":1,"XJR":1,"XKO.AU":1,"CPU.AU":1,"ALD":1,"ALD.AU":1,"ALQ.AU":1,"AMP":1,"ASB.AU":1,"ASN.AU":1,"AZY.AU":1,"BCB.AU":1,"BPT":1,"BRN":1,"BSL.AU":1,"CIA.AU":1,"A1M.AU":1,"CRN.AU":1,"CTT.AU":1,"CUV.AU":1,"DRR":1,"EBR":1,"EBR.AU":1,"FPH":1,"FPH.AU":1,"HLI":1,"IPD.AU":1,"LAU.AU":1},"content_text":"Today in Review\n\n\n\n\n\n\n\n\n\nMajor market moves\nThe S&P/ASX 200 (XJO) finished 9 points higher at 7,887.9, smack-bang at the mid-point of the session's range. In the broader-based S&P/ASX 300 (XKO), advancers and decliners were equally undecided, lagging by a narrow 124 to 149 margin.\nThe Gold (XGD) (+3.5%) sub-index was again the best performing sector today, likely in response to fresh highs in the gold price since our last Evening Wrap.\n\n\n\n\n\n\n\n\n\nGold stocks were again top of the pops\nAlso doing well today was the broader Resources (XJR) (+1.3%) sector of which the XGD is part of, but there was definitely a growth-oriented theme today with the Energy (XEJ) (+0.62%) sector logging the next best gain.\nDoing it tough today was the Communication Services (XTJ) (-0.98%) sector, but also unloved were Health Care (XHJ) (-0.94%) and Real Estate Investment Trusts (XPJ) (-0.88%).\n\nChartWatch\nRed 5 (ASX: RED)\n\n\n\n\n\n\n\n\n\nA solid example of a 'continuation' setup\nA couple of gold stocks in today's ChartWatch for obvious reasons: Look where the strength is I always say! In recent Evening Wraps we've investigated larger capitalisation ASX gold stocks, so this time around I thought I'd look at two near the smaller end of the curve.\nFirst up is RED. At a $1.4 billion market cap it's hardly a minnow, and with forecast FY 2024 production of 195-215koz from its King of the Hill operation near Leonora in WA's gold belt, its hardly a minnow in terms of annual production, either.\nThat's not why I'm interested, though. You know I just like the chart! Bottom left-top-right tells me there's plenty of excess demand. This is what I call a 'continuation setup'.\nIn this setup I trust those with cash know what they're doing by hoovering up shares - even if it means having to obtain them at even higher prices. Just as trustworthy are those shareholders, or lack thereof, who are selling. They're also likely in the know of RED's fundamental checkmarks, and this is why they're so clearly hanging on for more.\nTrends, price action, candles, and a lack of overhead historical supply equals a healthy technical picture. The short term trend remains up as long as the price continues to close above the historical point of demand at $0.33.\n\nPantoro (ASX: PNR)\n\n\n\n\n\n\n\n\n\n\n\nAn interesting example of a 'turnaround' setup\n\nTopping today's sector list was PNR. It's market capitaliation of around 360 million would keep it off the radar of most of the bigger fund managers, but looking at the chart, it's clearly gaining increasing attention from other segments of the market.\nNot a continuation setup like RED. Not at all. This is what I call a 'turnaround setup'. The short term trend is up, it's well-established now, and it appears to be accelerating. The long term trend is down - yes down! This is OK for me as long as the long term trend is showing signs of transitioning to up. This is evidenced by its contraction and a switch to orange indicating a neutral trend.\nNext up, I need to see the price action move back into rising peaks and rising troughs, as this signals a return to supply removal and a buy the dip mentality among market participants. Importantly, the price action needs to be punctuated by a growing number of white candles.\nSo far so good.\nIdeally, there's a recent increase in volume to signal increased interest and supply removal (in keeping with the rising peaks).\nMost important, though, I need to see the price close back above the long term downtrend ribbon followed by a test and hold of said ribbon. This tells me this crucial trend zone has gone from acting as an area of dynamic supply to an area of dynamic demand.\nAll of the above are now present on the PNR chart with today's strong demand-side candle which has bounced off the long term trend ribbon.\nHistorical supply at 0.092 is likely to come into play at some stage, and the key demand point moves to 0.061.\nEconomy\nToday\n\nRBA meeting minutes (March meeting)\n\nUnlike at previous meetings since they started increasing rates in this cycle, a rate increase was NOT discussed\n\"Members observed that inflation had continued to moderate over prior months\"\nBut also, \"it was difficult to either rule in or out future changes in the cash rate target\"\nImportant reference to maintaining a strong labour market: \"members noted the importance of preserving as many of the gains in the labour market as possible\"\n\n\nLater this week\nWednesday\n\n01:00 USA JOLTS Job Openings (8.76M forecast vs 8.86M previous)\n20:00 EU Core CPI (+3.0% forecast vs +3.1% previous)\n23:15 USA ADP Non-Farm Employment Change (148K forecast vs 140K previous)\n\nThursday\n\n01:00 USA ISM Services PMI (52.8 forecast vs 52.6 previous)\n03:10 USA Fed Chair Powell Speaks\n\nFriday\n\n23:30 USA March employment data\n\nNon-Farm Employment Change (+205K forecast vs 275K previous)\nUnemployment Rate (3.9% forecast vs 3.9% previous)\nAverage Hourly Earnings m/m (+0.3% forecast vs +0.1% previous)\n\n\n\nLatest News\nASX small caps with a blue-chip profile: Macmahon Holdings\nThe 10 most overbought and oversold ASX 200 stocks – Week 14\nThe ASX 200 stocks attracting the biggest broker upgrades: Premier Investments, Elders\nASX 200 stocks hitting fresh 52-week highs and lows – 14\nBuy Hold Sell: 5 undervalued founder-led stocks\nMorning Wrap: ASX 200 futures flat, S&P 500 wobbles + Gold, oil and uranium stocks soar\n\nInteresting Movers\nTrading higher\n\n+71.2% Mesoblast (MSB): Change in substantial holding (increase) and continued positive response to last week's FDA Notifies Clinical Data Sufficient for Refiling aGVHD BLA\n+14.9% Bowen Coking Coal (BCB): No news 🤔 bounce in a massive long-term downtrend\n+12.0% 29METALS (29M): No news, retained at overweight at Morgan Stanley, price target increased to $0.55 from $0.50\n+11.4% WA1 Resources (WA1): No news 🤔 undid Thursday's falls!\n+11.1% Anson Resources (ASN): No news 🤔 bounce in a massive long-term downtrend\n+11.1% Pantoro (PNR): No news, strong ASX gold sector on rising gold price, rise is consistent with prevailing short-term uptrend, long-term trend ribbon transitioning from down to up, closed above long-term downtrend ribbon\n+10.5% Austal (ASB): Response to media regarding non-binding offer from Hanwha, rise is consistent with prevailing short and long-term uptrends\n+10.1% Nexgen Energy (NXG): No news, broad ASX uranium sector rally following similar strong performance of Cameco (NYSE CCJ) on Monday, rise is consistent with prevailing short and long-term uptrends\n+9.7% Brainchip Holdings (BRN): No news, still trying to bounce off long-term trend ribbon\n+9.5% Droneshield (DRO): No news, rise is consistent with prevailing short and long-term uptrends\n+9.2% SSR Mining (SSR): No news, strong ASX gold sector on rising gold price\n+8.7% Novonix (NVX): NOVONIX to receive US$103m in tax credits\n+8.6% Clinuvel Pharmaceuticals (CUV): No news 🤔\n+7.4% Kingsgate Consolidated (KCN): No news, strong ASX gold sector on rising gold price, closed back above long-term downtrend ribbon\n+7.1% Ora Banda Mining (OBM): No news, strong ASX gold sector on rising gold price, rise is consistent with prevailing short and long-term uptrends\n+6.3% EBR Systems (EBR): No news, rise is consistent with prevailing short and long-term uptrends\n+6.3% West African Resources (WAF): No news, strong ASX gold sector on rising gold price, rise is consistent with prevailing short and long-term uptrends\n+5.9% Evolution Mining (EVN): No news, strong ASX gold sector on rising gold price, rise is consistent with prevailing short and long-term uptrends\n+5.7% Westgold Resources (WGX): No news, strong ASX gold sector on rising gold price, rise is consistent with prevailing short and long-term uptrends\n\nTrading lower\n\n-15.8% Cettire (CTT): No news, downgraded to hold from buy at Bell Potter, price target cut to $4.50 from $4.80\n-14.7% Orora (ORA): ORA - FY24 Trading Update, fall is consistent with prevailing short and long-term downtrends\n-7.9% Zip Co (ZIP): No news, follow-through selling from Thursday's big black candle\n-6.5% Megaport (MP1): No news, has moved to falling peaks and falling troughs, closed below short-term uptrend ribbon\n-6.5% Impedimed (IPD): No news, fall is consistent with prevailing short and long-term downtrends\n-5.9% Temple & Webster Group (TPW): No news 🤔\n-5.8% Nuix (NXL): No news 🤔\n-5.8% Lindsay Australia (LAU): No news 🤔, closed below long-term uptrend ribbon\n\n\nBroker Notes\n\n29METALS (29M): Retained at overweight at Morgan Stanley; Price Target: $0.55 from $0.50\nAIC Mines (A1M): Retained at buy at Shaw and Partners; Price Target: $0.90\nAmpol (ALD): Retained at equal-weight at Morgan Stanley; Price Target: $40.00\n\nALS (ALQ):\n\nDowngraded to hold from add at Morgans; Price Target: $13.70 from $13.35\nRetained at sell at Ord Minnett; Price Target: $8.90\n\n\nAMP (AMP): Upgraded to buy from hold at Jefferies; Price Target: $1.32 from $1.15\nAlumina (AWC): Downgraded to equal-weight from overweight at Morgan Stanley; Price Target: $1.30 from $1.10\nAntipa Minerals (AZY): Retained at buy at Shaw and Partners; Price Target: $0.04\nBHP Group (BHP): Retained at equal-weight at Morgan Stanley; Price Target: $47.00 from $44.50\nBeach Energy (BPT): Upgraded to neutral from sell at Goldman Sachs; Price Target: $1.90 from $1.67\nBluescope Steel (BSL): Initiated at sector perform at RBC Capital Markets; Price Target: $24.50\nCatapult Group International (CAT): Retained at hold at Bell Potter; Price Target: $1.50 from $1.43\nCharter Hall Group (CHC): Retained at buy at Citi; Price Target: $13.40\nChampion Iron (CIA): Retained at buy at Citi; Price Target: $9.60\nComputershare (CPU): Upgraded to buy from hold at Jefferies; Price Target: $29.65 from $28.50\nCharter Hall Retail REIT (CQR): Retained at buy at Citi; Price Target: $4.00\nCoronado Global Resources (CRN): Retained at buy at Bell Potter; Price Target: $1.65 from $1.85\nCettire (CTT): Downgraded to hold from buy at Bell Potter; Price Target: $4.50 from $4.80\nDomain Holdings Australia (DHG): Retained at hold at Bell Potter; Price Target: $3.75 from $3.90\nDeterra Royalties (DRR): Retained at overweight at Morgan Stanley; Price Target: $5.60\nEvolution Mining (EVN): Retained at overweight at Morgan Stanley; Price Target: $3.90 from $3.95\nFirefly Metals (FFM): Retained at buy at Shaw and Partners; Price Target: $1.10 from $1.20\nFortescue (FMG): Retained at underweight at Morgan Stanley; Price Target: $19.40 from $18.65\n\nFisher & Paykel Healthcare (FPH):\n\nUpgraded to neutral from underweight at JPMorgan; Price Target: $24.00 from $20.00\nRetained at hold at Ord Minnett; Price Target: $22.00\n\n\nHelia Group (HLI): Upgraded to hold from underperform at Jefferies; Price Target: $3.80\nIGO (IGO): Downgraded to underweight from equal-weight at Morgan Stanley; Price Target: $5.95 from $7.20\nIluka Resources (ILU): Retained at equal-weight at Morgan Stanley; Price Target: $7.20\nLynas Rare Earths (LYC): Retained at underweight at Morgan Stanley; Price Target: $5.00\nMineral Resources (MIN): Retained at equal-weight at Morgan Stanley; Price Target: $67.00 from $32.60\nNickel Industries (NIC): Retained at overweight at Morgan Stanley; Price Target: $0.95\nNorthern Star Resources (NST): Retained at equal-weight at Morgan Stanley; Price Target: $13.55 from $12.40\nNetwealth Group (NWL): Downgraded to underperform from hold at Jefferies; Price Target: $18.60 from $19.68\nOrora (ORA): Retained at buy at Goldman Sachs; Price Target: $3.40\nPilbara Minerals (PLS): Retained at underweight at Morgan Stanley; Price Target: $3.30\nPlatinum Asset Management (PTM): Retained at hold at Ord Minnett; Price Target: $1.00 from $1.25\nQBE Insurance Group (QBE): Retained at buy at Goldman Sachs; Price Target: $18.65\nREA Group (REA): Retained at buy at Bell Potter; Price Target: $191.00 from $174.00\n\nRamsay Health Care (RHC):\n\nRetained at neutral at Citi; Price Target: $56.50\nDowngraded to underweight from neutral at JPMorgan; Price Target: $50.00 from $57.50\n\n\n\nRio Tinto (RIO):\n\nRetained at buy at Citi; Price Target: $137.00\nRetained at overweight at Morgan Stanley; Price Target: $140.00 from $138.00\n\n\nRegis Resources (RRL): Retained at overweight at Morgan Stanley; Price Target: $2.45 from $2.40\nSouth32 (S32): Retained at overweight at Morgan Stanley; Price Target: $3.35 from $3.60\nScentre Group (SCG): Retained at neutral at Citi; Price Target: $3.10\nSandfire Resources (SFR): Retained at equal-weight at Morgan Stanley; Price Target: $7.65 from $6.35\n\nSyrah Resources (SYR):\n\nRetained at equal-weight at Morgan Stanley; Price Target: $0.45 from $0.39\nRetained at buy at Shaw and Partners; Price Target: $1.10 from $1.30\n\n\n\nTreasury Wine Estates (TWE):\n\nRetained at overweight at Morgan Stanley; Price Target: $13.75\nRetained at buy at UBS; Price Target: $15.25 from $14.00\n\n\nViva Energy Group (VEA): Retained at equal-weight at Morgan Stanley; Price Target: $3.65\nVulcan Steel (VSL): Initiated at sector perform at RBC Capital Markets; Price Target: $9.00\nWestpac Banking Corporation (WBC): Retained at sell at UBS; Price Target: $23.00\nWoodside Energy Group (WDS): Retained at sell at Citi; Price Target: $24.00 from $26.00\n\nWhitehaven Coal (WHC):\n\nRetained at hold at Bell Potter; Price Target: $7.55 from $7.65\nRetained at overweight at Morgan Stanley; Price Target: $8.50\n\n\n\n\nScans\n\n\n\n\n\n\n\n\n\nView all top gainers                                                                View all top fallers\n\n\n\n\n\n\n\n\n\nView all 52 week highs                                                            View all 52 week lows\n\n\n\n\n\n\n\n\n\nView all near highs                                                                   View all RSI oversold\n\nThis article first appeared on Market Index on Tuesday 2 April.\n\n\n\nNever miss an update\n\n    Enjoy this wire? Hit the ‘like’ button to let us know. \n    Stay up to date with my current content by \n    following me below and you’ll be notified every time I post a wire","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2424522066"}