This week, on the Bourse Report, we review the performance of the local equity market for the first half of 2025 (HY2025). Despite generally resilient financial performance, the local equity market continues to grind lower, extending its multi-year decline. We consider key factors currently shaping the local equity market and economic landscape and ask the question, “are local stock attractive?” Could positive earnings momentum result in price recovery across the sector, or will investors continue their more cautious approach?