Global Alpha Tencent Music TME:NYSE – Sell (Take Profit)
Sell (Take Profit) – Tencent Music TME:NYSE
Closing Bell 31st July: ASX Edges Lower as Commodities Weigh, Beach Energy and Flight Centre Slide
The ASX slipped slightly in afternoon trade, with the S&P/ASX 200 Index down 0.2%, or 13.4 points, to 8743 at 2.10pm AEST, rebounding from an intraday low of 8701.30. Weaker commodity prices weighed on the market after copper fell nearly 20% overnight—its sharpest drop since 1988—on news that US tariffs would apply only to semi-finished imports.
Global Alpha – Buy ON Semiconductor Corp (NASDAQ:ON)
ON Semiconductor (ON), headquartered in Scottsdale, Arizona, is a leading provider of intelligent power and sensing solutions. The company operates globally, supplying essential semiconductor components used in electric vehicles (EVs), AI data centers, industrial automation, and renewable energy systems.
Closing Bell 30th July: ASX Nears Record High as Inflation Cools, Real Estate and Banks Lead Rally
The Australian sharemarket surged towards a record high on Wednesday after softer-than-expected inflation data bolstered expectations of an imminent interest rate cut. At 2:05pm AEST, the S&P/ASX 200 rose 56.9 points, or 0.7%, to 8761.50, surpassing the previous record of 8757.20 set on July 18. The broader All Ordinaries Index posted similar gains.
Closing Bell 29th July: ASX Drifts Lower Ahead of Key Inflation Data
The Australian sharemarket traded marginally lower on Tuesday as investors exercised caution ahead of Wednesday’s critical quarterly CPI release, a key determinant for the Reserve Bank of Australia’s next interest rate decision.
Closing Bell 28th July: ASX Edges Higher; WiseTech Slips on CEO Appointment
The Australian sharemarket traded higher on Monday afternoon, supported by strength in US equity futures following a US-EU trade agreement and signs of a continued tariff truce with China. The S&P/ASX 200 Index rose 25.1 points, or 0.3%, to 8692 at 2.10pm AEST, with healthcare and communication services leading sector gains. CSL advanced 1% and Telstra added 0.8%.
Closing Bell 25th July: ASX Slips; Woodside Rallies; Miners Weigh on Market
The ASX edged lower on Friday despite positive cues from Wall Street, where Alphabet’s earnings lift supported tech stocks. As of 2:05pm AEST, the S&P/ASX 200 Index was down 33.7 points, or 0.4%, to 8675.7, with six of 11 sectors trading higher.
Global Alpha – Buy The Trade Desk (NASDAQ:TTD)
The Trade Desk is a leading technology company specializing in digital advertising. Their cloud-based, self-service platform lets advertisers and agencies plan and run data-driven campaigns across channels like video, audio, display, connected TV, and more.
Closing Bell 24th July: ASX Edges Lower as Macquarie and Bapcor Weigh on Sentiment
The Australian sharemarket turned lower on Wednesday as investors took profits following a strong prior session and awaited developments on a potential EU-US trade agreement. The S&P/ASX 200 slipped 0.3% to 8,710.8 by 2pm AEST, with losses across seven of the 11 sectors, led by financials.
Closing Bell 23rd July: ASX Advances as Banks and Miners Rebound
The S&P/ASX 200 climbed 0.7% to 8741.80 on Wednesday afternoon, supported by gains in banks and miners. Nine of the 11 sectors traded higher, with materials leading the advance following a 2.2% rise in Singapore iron ore futures to US$105.65/t—driven by Chinese steel sector reforms and infrastructure investment.
Alpha Recommendation: Buy Rox Resources (RXL)
Rox Resources is an Australian gold company focused on bringing its high-grade Youanmi Gold Project into production. Located in Western Australia—one of the world’s top gold mining regions—Rox is on track to become a near-term gold producer, with a strong resource base and robust financial outlook.
Closing Bell 22nd July: ASX Slips as Banks Weigh on Index; CBA Hits Two-Month Low
The Australian sharemarket gave up early gains to trade flat by mid-afternoon, weighed down by weakness in major banks following the release of the RBA’s July meeting minutes. At 1:55pm AEST, the S&P/ASX 200 was down 3.2 points to 8665.00, having earlier reached 8714.60.