End of Day Report – Friday 19 June: ASX 200 drops 82 - BHP down 5.6% on Jansen - CSL jumps 7.6% - Index up 25 for the week- US markets closed

The ASX 200 was on shaky ground falling 82 pts to 8829 (0.9%), with BHP the major culprit after announcing changes to payments and a blowout in capex at its Jansen potash project. Lower iron ore prices didn't help either, BHP finished down 5.6%, with RIO falling 3.1%. Not helping investors was news that JD Vance was no longer in the departure lounge for Switzerland, as Lebanon remains an issue. Donald Trump has already signed the MOU with Iran, but we did see US futures turn negative, despite the fact there is a holiday in America tonight. ASX 200 unchanged for the week.The banks held relatively firm, with NAB up 1.1% and the Big Bank Basket steady at $270.18 (+0.1%). Tech once again drifted lower, with WTC down 0.3% and TNE down 2.7%. Huge jump today in CSL up 7.6% to a multi month high.There was further carnage in the resources space, with the gold price once again under pressure. EVN fell 5.1%, while NEM also dropped 6.7%. Lithium stocks eased back, with PLS down 4.7% after announcing an expansion to the P2000 target project. Oil and gas stocks were slightly firmer as oil picked up a little, while coal stocks were better. Uranium stocks, however, came back under pressure.In corporate news, EOS jumped 14.1% on the back of a large order from the Middle East. BHP was very much in focus following its Jansen update. SKC rallied 14.6% on a settlement deal. QAN had a good day after announcing its Project Sunrise flights to London from October 27. LIC also fell hard after flagging an acceleration in sales momentum, although lower pricing offset the good news.There was nothing on the economic front locally, with China, Hong Kong and Taiwan closed, and US markets shut tonight.Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcastJoin Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offerMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. http://bit.ly/mt20-podcastPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. http://bit.ly/mt-principles-podcast—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.