CommSec Market Update

Join Steve and Laura as they give you today’s closing market updates. Unsurprisingly, the market is down for the third straight day, but not by much! Allkem was on top today after news of it's merger. 6 of the 11 sectors were up today, with Tech performing the strongest and Utilities the worst. Westpac fell after trading ex-dividend and weighed on the financials sector. UK Banks to announce its in...

Tom and Ryan look at important inflation figures from the U.S overnight as Wall Street treads water. Slowing inflation and AI boost tech stocks. A merger in the Australian lithium sector creates the third largest lithium producer globally. Commodity prices weaker off the back of weak Chinese trade data. And the Bank of England set to lift interest rates.  The content in this podcast is prepared, a...

Laura and Stevie are back for your Wednesday evening market update. The market is down for the second day in a row, largely due to the financial sector. Only 4 of the 11 sectors lifted today, with healthcare coming out on top. Meanwhile Redbubble is aiming to cut costs by reducing its workforce by 23%. Lastly, did the budget impact today’s market? Listen to find out!   The content in this podcast...

Tom and Ryan look at yesterdays budget where Australia announced a surplus in the fastest improvement since World War II. Markets are pensive on Wall Street ahead of inflation figures due out tonight. Meanwhile the U.S debt ceiling deadlock threatens to push the country into an unprecedented default. The team also look at this mornings commodity prices and the AUD. The content in this podcast is p...

It's federal budget night and Stevie and Laura are back to give you the run down on if it will have an impact on the Aussie share market. The market is down again today after a day of gains and losses. Consumer confidence has fallen with retail facing it's biggest fall since the pandemic and finally, banks are back up.   The content in this podcast is prepared, approved and distributed in Australi...

Tom and Ryan look ahead to budget day with a surplus predicted to be announced this afternoon. US markets tread water ahead of important inflation figures. Ryan looks into what we can expect in the Australian share market today with energy shares predicted to rise off the back of strong oil prices. And the team look at commodities as well as the AUD.  The content in this podcast is prepared, appro...

Laura and Stevie are back to give you Monday's closing updates. The market is off to a positive start with consumer staples was the only sector to fall. Once again lithium is in focus with most lithium stocks advancing and oil prices are up 4%. Finally, a look at the week ahead, including tomorrows federal budget and Commonwealth's quarterly update.    The content in this podcast is prepared, appr...

Tom and Ryan look into how better than expected employment figures have spurred the US markets, as well as creating an inflation headache for the Central Bank. Warren Buffet gives a warning to shareholders at the Berkshire Hathaway Conference. Ryan looks ahead to the Australian budget tomorrow and the team have the latest commodity prices with gold taking a dip. The content in this podcast is prep...

Stevie and Laura are back for the weekly market closing update. Today, the ASX 200 is back out of a 3 day losing streak. They recap how the market performed over the course of the week. Banks were in the spotlight with MQG and ANZ releasing profit result. AI company Brainchip was today's winner despite a rocky past and Medibank was in the news due to the data breach last year. Finally, they give u...

Tom and Ryan look at how continued instability of the US banking system overnight weighs on the markets. Apple follows strong tech trends with its second quarter results. NAB shares plummet despite strong half-year results. Also looking ahead today to ANZs half-year results as well as the Reserve Banks semi-annual Statement of Monetary Policy, which is expected to signal future inflation challenge...

Steve and Laura are back with today's closing updates. The Aussie market managed to recoup its earlier losses today following a tough night on Wall Street. Financials were under pressure today after NAB posted weaker-than-expected profit results. Super retail group fell most on the ASX 200.  The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities L...

May the 4th be with you! This morning Tom and Ryan look how the US Federal Reserve rate hike has affected the markets. Back in Australia NAB is set to release its 1H23 trading update today with positive expectations. Ryan looks at the latest commodity prices and they look at this mornings AUD. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities...

Laura and Steve are back to give us today's closing market update. The Aussie market declined to have its worst day in 6 weeks. Energy stocks were hit hard after oil declined 5% overnight. Gold stocks stood out as 8 of 10 best performers, as investors retreated to the safe haven asset. Tonight the US Federal Reserve is due to make a decision on interest rates. Consumers are still spending on hospi...

Ryan and Tom look into Australian shares which are expected to extend losses after the reserve banks latest rate hike. Shares on Wall Street dive as well as concerns about bank stability re-emerge. They crack into a rollercoaster of developments in the share market overnight and give you the latest commodity prices as well as this mornings AUD. The content in this podcast is prepared, approved and...

Join Laura and Steve for today's closing market update. They discuss today's big announcement from the RBA, another rise to interest rates and a volatile close to the market. Lake Resources remains in the top 3 stocks for the 2nd day in a row and a big day expected tomorrow with the European and UK markets reopening after holidays.    The content in this podcast is prepared, approved and distribut...

Tom is joined by Ryan this morning as they look ahead to important interest rate decisions coming down the pipeline both in Australia and overseas. They explore consumer concerns over slow growth and high inflation, and what this means for you. They look at the JP Morgan acquisition of First Republic Bank in the US, and check in with the AUD and this mornings commodity prices.    The content in th...

Steven Daghlian is joined by Laura Besarati for a market close report, a recap of the market in April and a look towards the month ahead. Best + Less have received a takeover offer and Lithium remaining cautiously optimistic. It's a big week for interest rates, with an announcement coming from the Reserve Bank tomorrow afternoon   The content in this podcast is prepared, approved and distributed i...

Tom Piotrowski is joined this morning by Ryan Felsman, CommSec Senior Economist, as tech once again bolsters the US markets. Home prices have risen across Australia with Sydney leading the way from the latest CoreLogic figures. And Tom looks at the AUD and other key commodity prices.    The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limite...

In this final day of a month that has proven to be a ‘mixed bag’ across markets, join Steven for this episode of the CommSec Market Update.  While the last couple of weeks have seen some challenges with commodity prices falling, this has proven overall to be the second-best month of the year for the ASX.  Steven reveals the standouts for today including Megaport who saw shares skyrocket almost 40%...

Impressive results from the marquee tech names including Meta Platforms, overshadow concerns over slowing US economic growth. Join Tom Piotrowski for this Morning Report where he looks at the rise of tech and explores why European markets are lagging behind the US. Plus, he outlines what to look forward to in the market today and things to watch for the weekend. The content in this podcast is prep...

The Australian market has fallen for a 5th straight session but is still on track to rise for the month of April.  Join Laura for this market close report where she looks at the best performers with one having seen a 24% increase in share price since this time yesterday.  Laura discusses the 4 sectors that have seen rises, looks at losses and considers what we are likely to see happen in the day a...

US sharemarkets were mixed on Wednesday. Shares in Microsoft rose by 7.2% following its upbeat earnings result. In response, shares in Amazon rose 2.4%. But despite better-than-expected first quarter results and a US$70-billion share buyback plan, shares in Alphabet (Google parent) fell by 0.1%. Shares of First Republic Bank fell 29.8% after a report suggested that the US Government was unwilling...

The Australian sharemarket eased for a fourth straight session, with the ASX 200 falling by just 0.08%. Encouraging signs that inflation has likely peaked and continues to decline, helped push the index off its session lows.   This content is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) a wholly owned but non-guaranteed...

Aussie shares are poised to open down by 37 points or 0.5% on Wednesday after a disappointing trading session on Wall Street on Tuesday. Fears over a US economic slowdown and Chinese demand concerns weighed on the Materials (-2.2%) sector. Technology shares fell 2.1% ahead of earnings results from Microsoft and Google-parent Alphabet. European shares dipped on Tuesday as Spain’s Santander led a sl...

Earnings results were mixed. Shares in Procter & Gamble rose by 3.5% in response to its earnings result. Shares in Freeport-McMoRan fell 4.1% in response to a halving of its first quarter profit. The Dow Jones index rose by 22 points or 0.1%. The S&P 500 index rose by 0.1%. And the Nasdaq index rose by 13 points or 0.1%. Over the week the Dow fell by 0.2%; the S&P 500 lost 0.1%; and the Nasdaq fel...