CommSec Daily Report Wednesday
Latest NewsAussie shares are experiencing a third day of losses with the ASX 200 opening 30 points or 0.5% softer following a weak lead from Wall Street. The local market is being led lower by weakness in energy and material stocks with most sectors in the red. Gains in the consumer staples and some buying…
CommSec Daily Report Tuesday
Latest NewsLocal shares opened weaker on Tuesday with investors cautious ahead of a range of economic data releases domestically. The ASX200 was more than 30 points or 0.5% lower as weakness in the banks weighed on the broader market. However most of the losses have been recovered at lunch with the ASX 200 a touch…
CommSec Daily Report Monday
Latest NewsLocal shares started the new trading week in a tentative manner before slowly building over the first hours of trade to be ahead by 10 points at the best level of the morning having started trade with a 4 point gain. Sector performances saw the Telecoms lead the gains over the morning, followed by…
CommSec Daily Report Friday
Latest NewsLocal shares are off to a buoyant start to the last month of 2017 as it rebounds from yesterday’s weakness. The ASX 200 has recouped a fair chunk of the 41 point loss from the day before. The index is 30 points or 0.5% higher and just a touch above 6000pts at the time…
CommSec Daily Report Thursday
Latest newsAustralian shares are off to a rough start, with the ASX 200 slipping by 0.5 per cent and falling back below 6000pts after closing above the key psychological barrier yesterday. News of a Royal Commission into the financial services industry this morning is pushing the banks down by as much as 2 per cent,…
Nearly 175 mn US shoppers hit stores over holiday
The 2017 US holiday shopping season remains on track to produce solid growth after more than half the US population made purchases over the Thanksgiving weekend, the National Retail Federation said Tuesday.NRF officials cited strong US economic data, good weather and an enterprising approach by retailers to discounting both in store and online as factors…
CommSec Daily Report Tuesday
Latest newsThe Australian market is off to a firmer start, with the ASX 200 lifting by 0.14 per cent, rising back above 6000pts earlier and remaining near two-week highs. It will be important to see if the index can close above 6000pts as it failed to do so yesterday due to fading enthusiasm in the…
Telstra shares sink on NBN rollout delay
Telstra shares have sunk after NBN Co said it will temporarily suspend the national broadband network rollout so it can work on improving the quality of the service. The company tasked with building the NBN says it will suspend the rollout of the hybrid coaxial-fibre (HFC) network for six to nine months, from December 11,…
CommSec Daily Report Monday
Latest newsAustralian shares are off to a better start, with the ASX 200 lifting by 0.3 per cent and breaking through 6000pts for the first time in a fortnight. This places the market within striking distance of a near 10-year high and follows largely directionless trade last week due to holiday in the US.Almost all…
CommSec Daily Report Wednesday
The Australian market is under pressure on Wednesday, with the ASX 200 index slipping by 0.8 per cent at lunch. Around half of these losses are due to significant falls from the four major banks, which are down as much as 1.75 per cent. Weakness from supermarket chain owner Wesfarmers (WES) and Woolworths (WOW) is…
