News

CommSec Daily Report Wednesday

Latest NewsLocal shares have overcome a soft start with the ASX 200 nudging higher by 6 points or 0.1% to 6306 points at lunch. At its worst levels, the top 200 index was down by 0.25% in early trade. US and European markets were also mostly higher overnight with an easing of tensions surrounding the…

CommSec Daily Report Tuesday

Latest NewsLocal shares have shrugged off a weak lead from global markets with lingering concerns over the weakness in the Turkish Lira and potential contagion, with financial instability spreading to other emerging market economies. The ASX 200 is rebounding from two straight losses, up 46 points or 0.75% towards lunch to 6298.Heavyweight sectors, the financials…

CommSec Daily Report Thursday

Latest NewsThe Aussie market was off to a flat start on Thursday but is gaining momentum as the session progresses. The ASX 200 is up 26 points or 0.4% to 6294. Wall St was mostly weaker overnight with the news that China will retaliate in kind against 25% tariffs on an additional $16 billion of…

CommSec Daily Report Monday

The Australian market kicked off the new trading week on a positive note, with the All Ordinaries Index (XAO) up around 25 points at the start of trade. The Asian markets have followed the steady gains in United States and European markets on Friday. US share markets rose supported by firm economic data and earnings…

CommSec Daily Report Tuesday

Latest newsThe Australian sharemarket has bounced back from a slow start to the day despite updates on China’s manufacturing sector falling short of market hopes. The ASX 200 index is up 4pts or 0.1 per cent at lunch thanks to gains from resource stocks, banks and telcos.In the absence of a significant tumble this afternoon,…

CommSec Daily Report Monday

Latest newsAussie shares are off to a sluggish start on Monday, with the ASX 200 down 0.5 per cent at lunch. Despite almost all sectors losing ground so far today, the local market is still near 10.5 year highs. Notwithstanding an additional fall of around 1 per cent by close of business Tuesday, July is…

CommSec Daily Report Thursday

Latest newsAussie shares are easing for a second day, with the ASX 200 index down by 0.1 per cent at lunch due to losses from the banks and some major miners. Despite the pullback, with only days remaining in July, the market remains on track to lift for a fourth straight month.Last night US markets…

CommSec Daily Report Wednesday

Latest NewsThe mid-point of the week brought with it a weak start to trade for local shares. The ASX 200 started with a gain of 12 points, although the time spent in positive territory was fleeting. Shortly after the open the market was trading in the red, before moving lower over the course of the…

CommSec Daily Report Monday

Latest newsAussie shares are under some pressure on Monday, easily wiping out last week’s modest improvements with most sectors in negative territory. The ASX 200 is down 0.9 per cent with almost all sectors losing ground. While local stocks remain near 10.5 year highs, trade tensions between the US and China are keeping markets on…

CommSec Daily Report Thursday

Latest NewsThursday’s session started with a positive tone as the ASX 200 built on yesterday’s gains. The ASX 200 opened with a 2 point gain before trading 28 points higher at the most improved levels of the morning. The gains were led by Materials and Industrials, in addition to advancing Financials. Utilities Telecoms and Property…