CommSec Daily Report Friday
Latest News The Aussie market is still in the red after several hours of trade although has lifted itself off the lows of the morning. Around 12.30pm AEST, the ASX 200 is down just 6 points to 5,949. At its worst, it was down as much as 30 points or 0.5% following a mostly weaker…
Corporate Australia: Alert, not alarmed
Corporate Australia: Alert, not alarmed Economic & Financial Trends Corporate Australia & COVID-19: CommSec has assessed earnings announcements of 155 of Australia’s largest companies to gauge the reaction to this year’s COVID-19 crisis. While a third of companies withdrew earnings guidance, only 10 per cent deferred dividends and around 5 per cent of companies cancelled…
Aussies unleash spending power
Aussies unleash spending power in record numbers Lending; Chinese inflation Home loans: The value of home loans fell by a record 11.6 per cent in May (consensus: -5.5 per cent) with owner-occupier loans down by 10.2 per cent and investor loans down by 15.6 per cent. Refinancing: A record $10.1 billion of owner occupier home…
CommSec Daily Report Thursday
Latest News Local shares are rebounding from recent losses with the ASX 200 near its best levels of the session at midday. The benchmark index is up 55 points or 0.9% to 5976 following improvements on Wall Street even in the face of surging daily COVID-19 cases across the US. The tech heavy NASDAQ index…
Luxury vehicle sales at record highs
Luxury vehicle sales at record highs Economic perspectives Luxury vehicle sales: Sales of new luxury vehicles hit record highs last month. The CommSec luxury vehicle sales index, a sample of 17 luxury marques, shows that sales totalled 12,235 units in June, double the level of May and up from the 11-year low set in April….
CommSec Daily Report Wednesday
Latest News It has been another choppy session of trade so far on Wednesday with the ASX 200 index swinging between losses and gains in the opening few hours of trade. The benchmark index is now down 32 points or 0.5% to 5980 after midday and trading near the lows of the session. It was…
CommSec Daily Report Tuesday
Latest news The local market is barely hanging onto gains at lunch, with the ASX 200 lifting by 0.05 per cent to 6,017.5. On the open, the local market was up by as much as 1 per cent, which was easily enough to recoup Monday’s 0.7 per cent decline. The ASX 200 remains above 6,000pts…
Adelaide & Brisbane petrol prices at $1.40
Petrol prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol remained unchanged at 119.4 cents a litre last week. Adelaide & Brisbane pump prices: Adelaide’s unleaded pump prices are near 4-month highs averaging $1.40 a litre today, up by 33 cents a litre from the lows of the most…
CommSec Daily Report Monday
Latest news Aussie shares have recovered from a slow start, with the ASX 200 lifting by 0.1 per cent to 6063.8, thanks most to gains from financials, technology and consumer discretionaries. This extends the market’s winning streak to five consecutive days, with stocks remaining near the best levels in three weeks. This follows last week’s…
