News

CommSec Daily Report Thursday

Latest NewsThe Aussie sharemarket has overcome a softer start and is trading higher at lunch. Local shares have lost ground over the previous four sessions, with trade tensions rattling investor confidence. It was looking like more of the same for the main index with the ASX 200 down by as much as 0.3% in early…

German consumers less troubled by trade war fears

Confidence among German consumers should resist fears of a trade war between Washington and Brussels in July, a survey published Thursday showed.A forward-looking monthly barometer by pollsters GfK stood at 10.7 points for July, the same level as this month and 0.1 points lower than in May.‘Expectations for the economic outlook above all have been…

CommSec Daily Report Wednesday

Latest NewsLocal shares started the session with a lack of conviction Wednesday, reflected in the narrow range traded over the morning. The ASX 200 started the day with a 2 point deficit, which was the low of the morning; at the best level of the morning the index was ahead by 9 points. This, despite…

CommSec Daily Report Tuesday

Latest newsIt has been a shaky start to the final week of the month, quarter and financial year with Aussie shares slipping for a third day and the ASX 200 down 0.3 per cent at lunch on Tuesday. Trade tensions between the US, China and the European Union sparked last night’s weakness, with global markets…

CommSec Daily Report Friday

Latest NewsLocal shares commenced the final session of the week in a restrained manner after several sessions of solid gains. Most ASX sectors were lower at lunch, even though the index was posting modest gains. Banks continued to advance, in turn being the main driver of the broader market. Not for the first time this…

CommSec Daily Report Thursday

Latest newsAussie shares are remaining surprisingly resilient, with the ASX 200 index up 1 per cent, sitting at 10.5 year highs and are lifting for the fourth time in five days with gains across almost all sectors. What is perhaps most impressive about the improvement is that the Dow Jones has fallen for seven straight…

CommSec Daily Report Thursday

Latest newsThe Aussie market is remaining only slightly firmer in what is a data heavy session for global economies. The ASX 200 is up by just 0.04 per cent and is being supported most by gains from Telstra (TLS), mining stocks, Wesfamers (WES) and Woolworths (WOW). The major banks are a weight at lunch.Early this…

CommSec daily report Wednesday

Latest NewsThe ASX 200 started Wednesday’s session on the back foot despite a relatively benign session for Wall Street overnight. US stocks were mixed on Tuesday despite the success suggested by the photo opportunities at the Singapore Summit. A lack of detail about North Korean denuclearisation from the Trump-Kim meeting ensured a lukewarm response from…

CommSec Daily Report Tuesday

Latest NewsThe Aussie market is firmer at lunch with the ASX 200 along with other markets in the Asian region as market participants keeping an eye on the Trump Kim Summit being held in Singapore. The ASX 200 was flat on the resumption of trade after the long weekend break, and began to lift as…

CommSec Daily Report Friday

Latest newsAustralian shares have bounced off intraday lows to trade just a couple of points firmer at lunch thanks to gains from most of the banks and miners. The ASX 200 is up by 0.03 per cent after being down as much as 0.25 per cent on the open following a mixed finish on Wall…