CommSec Daily Report Wednesday
Latest News Aussie shares are in retreat following the record highs reached on Tuesday’s session. The ASX 200 is towards intraday lows at lunch with the benchmark index down 33 points or 0.45% to 7,398. This follows losses on Wall Street as investors look for key earnings among mega cap tech companies and the outcome…
CommSec Daily Report Tuesday
Latest news The Australian sharemarket is following US stocks to fresh record highs, with the ASX 200 lifting by 0.45 per cent to 7,427.4. Solid gains from mining stocks are leading the broader index higher for a fourth gain in five days. This is despite a continued spike in COVID-19 cases in Greater Sydney and…
CommSec Daily Report Monday
Latest News The Aussie market opened to new record intraday high for the ASX 200 which peaked at 7,417.6 this morning, breaking its previous record of 7,406 on June 16. The index has since eased from those levels and is now trading around 15 pts or 0.2% higher at 7,409. Local gains followed strong advances…
Support to fossil fuel research is more than apparent
Australian governments direct billions to fossil fuel companies. Among the projects funded by Commonwealth and state governments are work on coal ports, railways and power stations, and research into “clean coal” or “coal innovation”. Whether worthwhile or not, this funding is visible and can be debated on its merits, as The Australia Institute has done…
Extended lockdowns could lead to ‘W’-shaped recovery
Extended lockdowns could lead to ‘W’-shaped recovery Preliminary retail trade; Skilled job vacancies What happened? Preliminary retail trade fell by 1.8 per cent in June – the most in six months – to be 2.9 per cent higher than a year ago. Victorian sales fell by 3.5 per cent in June with spending down by…
CommSec Daily Report Wednesday
Latest news The Australian sharemarket continues to play follow the leader with the US bourse, as the ASX 200 lifts by 1.2 per cent thanks to a strong gain for American markets. US stocks rose by ~1.5 per cent, which was enough to bounce back from the most significant tumble in 10 weeks in the…
CommSec Daily Report Tuesday
Latest news Aussie shares are sliding for a second day, with the ASX 200 easing by 0.12 per cent to 7,277 at lunch. The spread of the Delta strain and lockdown uncertainty continues to keep markets on edge. While last week’s gains have been wiped out in just two sessions, it has bounced back from…
CommSec Daily Report Monday
Latest news The Australian sharemarket is sliding by ~1 per cent at 12:10pm AEST, with mining and energy stocks weighing most heavily on the ASX 200. This largely followed similar movements in the United States on Friday due to concerns of COVID’s Delta variant’s spread. Keep in mind that despite lockdowns in Greater Sydney and…
Equity market rally set to boost income
For trust and income beneficiaries, the June quarter – much like the 2021 financial year – was mixed. Record low interest rates continued to put the brakes on interest income, and while there has been some recovery in dividends from the early days of the pandemic, they are still below 2019 financial year levels. On…
Sustainable investing review and outlook
The last year has seen monumental changes in how investors tackle sustainable investing – with what was once a nice to have, becoming a must have for many. Much of this has been catalysed by the pandemic, which has shone a spotlight on the relationship between sustainable business practices and economic resilience. At the same…
