Afternoon trading August 13

Thanks @shovel40, @Fiji1 and morning crew.

Half-time wrap:

The share market pushed for a third straight rise as a rebound in resource stocks helped offset earnings misses from CSL, Seek and James Hardie.

The ASX 200 overcame mixed leads from Wall Street to advance 10 points or 0.13% by mid-session. Gold miners, property trusts and banks led the rally.

Earnings reports generated selling in CSL, Seek, James Hardie and Netwealth, and buying of Temple & Webster, Challenger and Stanmore Resources.

In economic news, wages growth slowed for a second quarter. Wages increased 0.8% last quarter, the slowest pace since 2022, according to the ABS.

The market was short on leads following an overnight pause in a week-long rebound since last Monday's day of global market carnage. The S&P 500 finished dead flat overnight, while the Dow and Nasdaq edged in opposite directions.


Personal trading: Wasn't overwhelmed with ideas this morning. Got a little coin from AS2 off the low, but not nearly enough.