News

CommSec Daily Report Monday

Positive start following Wall St rallyThe Australian sharemarket has kicked off the week in positive territory, helped by a rally on Wall St, where the DOW gained 1.7%. The energy sector is leading the gains, following a 2.6% jump in oil prices on Friday, while the Materials sector is also notching up solid gains thanks…

US millennials a popular but elusive target for brands

American millennials – the generation of people aged 17-35 – are a popular target for advertisers and brands, but companies risk missing out by approaching them as one homogenous population.From Gillette razors to McDonald’s and American Express, every major American company is touting its efforts to attract these young people, considered the workforce of tomorrow…

CommSec Daily Report Friday

Latest NewsThe local sharemarket is mostly flat so far in a choppy session of trade. The ASX 200 is marginally higher by 6 points or 0.1% to 6066 points towards lunch after trading in a narrow 18 point band. There was a weak lead from global markets overnight with weaker than expected December retail sales…

CommSec Daily Report Thursday

Market recovers yesterday’s lossesThe local sharemarket has made a positive start, helped by gains on US and European markets overnight. Investors on Wall Street cheered reports that US-China trade talks are progressing in a constructive manner. The ASX 200 (XJO) is up 15 points or 0.3% to 6,079.Earnings news dominates today. Magellan Financial Group (MFG)…

CommSec Daily Report Wednesday

Market edges higher; CBA trades ex-divThe Australian sharemarket is slightly higher in early trade, with gains from the Materials and Energy sectors outweighing weakness in Telco and Healthcare stocks. The ASX 200 (XJO) is up 13 points or 0.2% to 6,092.Commonwealth Bank (CBA) shares are weighing on the market, as the bank trades ex-dividend. CBA…

CommSec Daily Report Tuesday

Latest newsDespite a messy start to the session the ASX 200 is up by 0.4 per cent at lunch, enough to recoup Monday’s losses whil keeping local equities near four-month highs. Investors seem a little cautious ahead of US-China trade talks scheduled to kick off this Thursday in Beijing.Most sectors are improving, with strong gains…

CommSec Daily Report Monday

Latest newsAussie shares are experiencing a choppy start to the session due to substantial moves from the banks and miners. The ASX 200 index is down 0.3 per cent at lunch (up 0.22 per cent on the open). Keep in mind local stocks hit a four-month high on Friday and just had their best weekly…

CommSec Daily Report Friday

Latest news  Aussie shares are down by 0.2 per cent on Friday, putting an end to a four-day winning streak due to losses from resource stocks at lunch. The ASX 200 however remains above 6000pts, near fourmonth highs and keeps the index on track to record its best weekly performance since December.Global markets provided local equities…

CommSec Daily Report Wednesday

Latest News After experiencing its best daily performance in more than 2 years and closing at four month highs, the Aussie market was easing slightly with the ASX 200 pulling back in early trade. The index has improved to be off its lows at lunch, and now back in positive territory, trading 15 points or 0.25%…

CommSec Daily Report Tuesday

Latest newsAussie shares are trading at four-month highs with the ASX 200 up 1.9 per cent and back above the key 6000pt level. Gains from the financials and miners are making the difference. Local stocks have rallied by more than 10 per cent from the lows hit in December and have recouped almost all 2018’s…