CommSec Market Update

CommSec Market Update

CommSec

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes.  Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen.

 

The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

Categories: Business

Listen to the last episode:

The ASX soared to record highs today, buoyed by easing inflation in the US and speculation of potential interest rate cuts. This marks the first time since April that the ASX has reached such heights, closing up 0.8%. Among the notable developments, the Commonwealth Bank of Australia (CBA) surpassed BHP to become the largest company on the Australian market. Key sectors like property and financials led the gains, with tech stocks as the only sector in the red. CBA's strong performance, rising by 17% this year, contrasted with BHP's 14% decline, driven by weak iron ore and nickel prices. Looking ahead, significant updates are expected, including US profit reports from major banks and key economic data from China. 

The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

See omnystudio.com/listener for privacy information.

Previous episodes

  • 8670 - Market Close 12 July 24: Fresh record highs broken for Aussie stocks 
    Fri, 12 Jul 2024
  • 8669 - Morning Report 12 July 24: Wall Street falls despite better inflation figures 
    Thu, 11 Jul 2024
  • 8668 - Market Close 11 July 24: Aussie market almost touches record 
    Thu, 11 Jul 2024
  • 8667 - Morning Report 11 July 24: Wall Street surges to new record highs 
    Wed, 10 Jul 2024
  • 8666 - Market Close 10 Jul 24: Markets cautious ahead of US inflation data 
    Wed, 10 Jul 2024
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