News

CommSec Daily Report Friday

Latest newsAussie shares are losing ground for the seventh consecutive day, with falls across all sectors dragging the ASX 200 index down 0.7 per cent. At lunch the local market has shed 3.3 per cent in just five days, making it the worst week since early February. Putting this in context however, the broader market…

CommSec Daily Report Thursday

Latest NewsThe ASX 200 is close to three month lows after falling for the sixth consecutive session on Thursday. The early selling comes after the Index suffered its worst one day decline since late March a day earlier. The early selling came on the heels of another session on Wall Street that was marked by…

CommSec Daily Report Wednesday

Latest newsLosses from the banks and miners are pushing the Australian sharemarket lower for a fifth day, with the ASX 200 index slipping by 0.75 per cent. The Australian dollar strengthened following better than anticipated quarterly economic growth data.Concerns relating to trade tensions between the US, Canada and China together with stronger US data contributed…

CommSec Daily Report Tuesday

Latest news Aussie stocks are softer for a fourth day, with the ASX 200 index down 0.3 per cent due largely to falls from the major banks. The big four are slumping by as much as 1.4 per cent ahead of this afternoon’s RBA Board meeting. Suncorp (SUN) confirmed the sale of its Life Insurance business…

CommSec Daily Report Monday

Latest NewsLocal shares have started the new trading week in a subdued manner with both buyers and sellers showing limited conviction. The ASX 200 opened flat before trading to a 14 point gain in the first half hour of the session. Thereafter, momentum faded and the Index traded at a 4 point deficit at the…

Greek ferries laid up as sailors strike for more pay

Greek ferries will stay in port Monday, bringing inter-island links to a halt after the powerful federation of Greek seamen called a 24-hour strike over pay demands.The stoppage comes at the tail end of the summer holiday season and ferry operators laid on extra services Sunday in order to cover weekend demand beforehand.Highlighting recent pay…

CommSec Daily Report Friday

Latest newsAussie shares are easing on Friday, with losses from telcos and miners providing the main weight on equity markets. The ASX 200 index is down 11pts or 0.18 per cent at lunch after hitting fresh decade highs on Thursday. Shares remain on track to record their best weekly gains since mid-June and have recouped…

CommSec Daily Report Thursday

Latest newsAussie shares are lifting for a fifth day, with the ASX 200 up 0.2 per cent and sitting at fresh 10.5 years thanks partly to strength from telecommunication companies. This follows the fourth consecutive record high for the S&P 500 and Nasdaq overnight and some improvement in US trade tensions with its neighbours.Telcos are…

CommSec Daily Report Wednesday

Latest NewsLocal shares were off to a muted start on Wednesday. The positive breakthrough in trade between Mexico and the US has seen US markets continue to hit fresh highs over recent sessions. After a flat start, the ASX 200 is trading 20 points or 0.34% higher at lunch to 6325 points.Supporting markets for a…

CommSec Daily Report Tuesday

Latest NewsLocal shares are off to a stronger start for a second consecutive session with the ASX 200 improving by 43 points or 0.7% to 6312 points towards lunch. The Aussie market received a decent lead in from Wall Street with news of a preliminary trade agreement between Mexico & the US as a replacement…