Market Wrap / reporting records

Reporting season kept generating strong share price reactions, with the upsides having it this Thursday when the S&P/ASX 200 closed 0.32% higher to 9,043.50 points, after earlier hitting an intra-day all-time high.

The banks and some resources stocks truly supported the index, while sectors like IT and healthcare lagged. 

Optimism in banking continued for a new session, with ANZ advancing by 8.5% after first-quarter cash profit increased 75% on the quarterly average of the second half of FY25. Meanwhile CBA extended gains, up 5.4% today.  

Elsewhere, most gold miners were in the red, but Northern Star realised a 4% share price gain after reporting its net profit after tax jumped 41% over the first half of this financial year. The company also said it aims to reduce costs in the future. 

Hampering further gains, AMP, Pro Medicus and Temple & Webster recorded percentage share price losses in the twenties and thirties. 

Investors punished AMP after net profit fell for the year, they sent the stock 26.7% lower. 

Similarly, Temple & Webster plunged by 32.6% after its half year net profit after tax slumped 36%. And Pro Medicus slid 23.9%, its biggest drop in 14 years, on a profit miss.

The US-linked tech sector was also lower as a strong job report reduced the bets for a Fed cut.

Tomorrow locally, Cochlear and Nick Scali report for the first half of FY26, while Westpac will deliver a quarterly update.