CommSec Daily Report Thursday
Latest newsFor the first time in a month, the Aussie sharemarket is lifting for a second day thanks to gains from resource and banking stocks. The ASX 200 index is up 0.7 per cent and remains on track to break a three-week losing streak.US shares jumped last night by ~1 per cent with the S&P500…
CommSec Daily Report Wednesday
Latest newsAussie shares are off to a better start on Wednesday despite an uninspiring mixed finish on Wall Street and slightly firmer than expected economic growth data. The ASX 200 index is up 0.38 per cent and is being led higher by gains from materials and held back most by losses from the banks.While this…
CommSec Daily Report Monday
Latest newsThe Australian market is off to a better start on Monday, with the ASX 200 index up 0.7 per cent and is back above 6000pts thanks to gains across most sectors. This marks just the fourth gain in 13 days and comes off the back of three straight weeks of falls.Local shares are supported…
CommSec Daily Report Friday
Latest NewsFresh trade concerns between the US and major trading partners has sparked another downturn in global equity markets overnight with the US looking to impose tariffs on aluminium and steel imports from Europe, Canada and Mexico. Losses on all US indices has created a weak lead for the Aussie market which has opened softer….
CommSec Daily Report Wednesday
Latest newsThe Australian sharemarket has kicked off the day in negative territory, with the ASX 200 down 0.4 per cent, is back below 6000pts and near four-week lows partly on a political crisis in Italy. Almost every sector is losing ground and seven in 10 companies on the ASX are down.US markets tumbled by 1.5…
CommSec Daily Report Tuesday
Latest newsAussie shares are lifting on Tuesday, with the ASX 200 index up 0.3 per cent and remaining just above 6000pts thanks to gains from banks, energy and mining stocks. The market remains near four week lows however and has only improved twice in nine sessions.Markets in the US and UK were closed overnight for…
Sugary drink tax inevitable, doctors say
A tax on sugary drinks to reduce obesity is ‘inevitable’, the outgoing Australian Medical Association president says. In his final speech before leaving the top job, Dr Michael Gannon said he expected to see an Australian tax similar to those recently introduced in Britain and Ireland. ‘I think that it is inevitable that we will…
Aust shares flat on directionless Friday
The Australian share market has closed flat, with a lack of domestic and international news leaving investors with little to direct their activity. The benchmark S&P/ASX200 was down 0.07 per cent, to 6,032.8 points, while the broader All Ordinaries index fell 0.05 per cent, to 6,140.9 points. US and European markets fell after President Donald…
CommSec Daily Report Friday
Latest NewsThe local sharemarket is softer on Friday with the cancellation of an upcoming summit between the US and North Korea putting a dent in shares globally. The ASX 200 is recovering from its earlier lows, trading 2 points lower at 6035 points and is pointing to a second consecutive weekly loss for the index…
CommSec Daily Report Thursday
Latest newsAussie shares are losing ground for the sixth straight day, continuing to be held back by the banks, miners and energy stocks. The ASX 200 is down by almost 0.2 per cent and has shrugged off small gains from US markets. Concerns of stalling US-China trade talks remain and there is some uncertainty if…
