News

CommSec Daily Report Monday

Latest NewsLocal shares have started the trading week on a positive footing despite a weak lead in from Wall Street and futures trading initially pointing at an early loss for the ASX 200. Heading towards lunch, the top 200 index has climbed 43 points or 0.7% to 5706.Strong buying for the major banks, miners and…

CommSec Daily Report Thursday

Latest NewsIt is a sea of red for local shares following a steep sell off in US markets overnight. The ASX 200 is sliding 121 points or 2.1% to 5707. Worries over global economic growth saw all major US indices slump, with the tech heavy NASDAQ entering correction territory (down 10% or more from its…

CommSec Daily Report Wednesday

Latest newsAussie shares have faded from a better start and are flat at lunch as market’s focus on issues overseas. The ASX 200 has fallen over the prior three days and remains on track to have its worst month since August 2015. Although October tends to be a solid month for markets thanks partly to…

CommSec Daily Report Tuesday

Latest NewsLocal shares are falling for a third straight session with the ASX 200 losing 50 points or 0.86% to 5854 heading towards lunch. This follows a mixed session on Wall Street overnight where the S&P 500 fell for a fourth straight session but the tech heavy Nasdaq lifted.Losses are outweighing the gains with most…

CommSec Daily Report Thursday

Latest NewsThe local share market is lower at lunch with the ASX 200 down 20 points or 0.3% to 5918 towards lunch and easing from yesterday’s best daily gain on the Aussie market since June.The movement lower also follows Wall Street with US Fed maintaining its position to raise interest rates putting the brakes on US…

Wall St rebounds with techs leading way

The US benchmark S&P 500 stock index has snapped a six-day losing streak with technology stocks recovering after a week of losses and investors looking for bargains ahead of the third quarter earnings reporting season. Even the hard-hit S&P500 energy and financial sectors managed to close Friday’s session with slight gains after a late afternoon…

CommSec Daily Report Monday

Latest NewsInvestor nerves are still rattled after the worst weekly loss on the Australian sharemarket since January 2016 last week with the ASX 200 stumbling again on Monday. The index is down another 88 points or 1.5% to 5807 and accelerating towards lunch despite a strong rally for Wall Street on Friday where the Dow rebounded…

Which forex brokers in Australia are at the top of their game?

Broker comparisons are part of the due diligence you must perform when you first learn to trade CFDs, shares or commodities. Doing broker research is often encouraged in forex trading advice and similar investing fundamentals articles, for good reason. You cannot trade without a suitable platform, and these are provided by brokers. Each broker has…

Shredded Banksy painting worth more than original, experts say

When street artist Banksy destroyed one of his works of art last week seconds after it was sold at auction, he probably added to its value, with some experts suggesting it could now be worth double its original price.No one knows how the secretive artist activated a shredder hidden within the frame of his painting…

CommSec Daily Report Friday

Latest NewsThere was another heavy sell off on Wall Street last night, with a 2% fall for the Dow Jones and 1.3% dip in the NASDAQ. In comparison, the Aussie market has seen rather muted losses on Friday.The ASX 200 opened around 0.6% weaker but has since recovered as the session progresses. Towards lunch, the…