Afternoon trading April 30

Thanks @shovel40, @Fiji1, @uncleBuck and morning crew.

Half-time wrap:

Wall Street's longest winning run in nine months and a dip in underlying inflation helped Aussie shares edge towards a fifth straight gain.

The ASX 200 reached mid-session 19 points or 0.23% ahead after March-quarter inflation data kept the door open to a May interest rate cut.

Underlying inflation as measured by the trimmed annual mean dropped to 2.9% last quarter from 3.3% in the last three months of last year. The pace of price growth was the lowest since 2021. Headline annual inflation was unchanged at 2.4%.

A mixed market saw gains in tech companies, healthcare providers, REITs and banks outweigh declines in resource stocks and utilities.

US stocks rose for a sixth straight night after Commerce Secretary Howard Lutnick said a trade deal was "done, done, done", pending parliamentary sign-off from the other side. The S&P 500 firmed 0.58%.


Personal trading: Nothing session for me. Not a lot came on the radar and what did, didn't amount to much. Couple of pips from CU6 when the rebound didn't continue. Small win in TNE. Small loss in REH. In and out of LTR for brokerage. Meh.