End of Day Report – Tuesday 6 May: Quiet day on the ASX | Gold shines

Market Updates

The ASX 200 fell for the second straight session, recovering from early lows, dropping 6 points to 8151 (-0.1%). Mixed sector performance. Healthcare worst performing sector. Pulled down by two biggest names. CSL (-2.5%) down as it flagged vaccine scepticism in US as a challenge. SIG (-6.7%) down after it took a $42.4m hit in transaction costs so far in FY25. Disappointment of WBC (-2.0%) earnings continued to weigh on Banks and broader index. CBA flat, Big Bank Basket down to $263.69 (0.6%). Other financials fared better. MQG (+0.8%) up as its conference kicked off. Also up are RPL (+0.9%), XYZ (+0.7%). REITs up as RBA rate decision draws nearer. Two weeks today. GMG up 0.2%, MGR up 0.9%. Tech more mixed. WTC down 2.2% as it stayed quiet on guidance give tariff difficulties. NXT jumped 8.3% as it smashed utilisation record on AI demand. Added to Growth on Friday.

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