CommSec Daily Report Monday
Latest News The local market is suffering its worst loss in 2020 so far with the ASX 200 plunging 153 points or 2.1% to 6986 at lunch on Monday. The index is following a soft lead from Wall Street where the spread of the coronavirus outbreak outside of China is becoming a concern for investors….
Hunting for income: Three things to consider
With interest rates likely to be lower for longer, investors are seeking yield from potentially riskier investments. We analyse alternatives and share three key factors to consider in the hunt for income. Record-low interest rates pose a challenge for income-oriented investors. That challenge is particularly acute for those living off the income from cash investments….
Top 30 shorted stocks
The technique of profiting from a price fall is called short-selling, otherwise known as “shorting,” “to go short” or simply “short”. Basically, short-selling is the reverse of how we’re traditionally taught to invest, to buy at the lowest possible price and sell at the highest. When shorting, you aim to jump in at a high…
The Week Ahead
In the coming week in Australia, there is a paucity of economic indicators. The highlight is the business investment data on Thursday. The construction work data on Wednesday and Reserve Bank’s private sector credit figures on Friday will also be closely observed. There is a broad array of new economic data released in the US,…
CommSec Daily Report
Latest news Aussie shares are slipping for the first time in three days and easing from Thursday’s record highs, with the ASX 200 down by 15pts or 0.2 per cent to 7,149.1. Despite the losses, the local market is still up by around 7 per cent this calendar year in spite of the coronavirus concerns….
CommSec Daily Report Thursday
Latest News Local shares have followed their northern hemisphere peers into record territory in early trade on Thursday. In overnight trade US & European sharemarkets hit record highs encouraged by a decline in the number of new coronavirus cases and hopes of more stimulus from Beijing -including cash injections and mergers to bailout airlines. The…
CommSec Daily Report Wednesday
Latest News The Aussie market is edging lower at lunch on Wednesday after a fairly flat start to the session. The ASX 200 is down 8 points at 7105 after swinging between small gains and losses. There has been another deluge of companies reporting profit results today which has prompted market moves. The muted start…
Record Kiwi tourists; Chinese tourism slumps Consumer confidence hits 3-month high
Record Kiwi tourists; Chinese tourism slumps Consumer confidence hits 3-month high Tourism; Consumer sentiment; CBA HSI; Reserve Bank Board minutes Tourism: Tourist arrivals rose by 0.9 per cent in December, but departures were flat. It was the biggest lift in tourist arrivals in four months. New Zealand tourists hit a record-high of 129,100 in December….
CommSec Daily Report Tuesday
Latest News Local shares started the session in much the same way they ended a day earlier with sellers gaining the upper. Although in broad terms, lack of conviction on the part of buyers and sellers saw the the ASX 200 restricted to a narrow range for much of the morning. This reflected the fact…
East Coast petrol prices peak
East Coast petrol prices peak Darwin petrol prices hit 11-month low Weekly Petrol Prices Petrol prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol rose by 8.6 cents – the most in 9 weeks – to 148.3 cents a litre last week. East Coast petrol prices lift: According to…
