CommSec Daily Report Thursday
Latest newsAfter a shaky start to the week, the Australian sharemarket is lifting for a second day around lunch. Gains from aluminium miners, energy stocks and financials are pushing the ASX 200 0.5 per cent higher. US equities improved last night with investors encouraged by better private sector jobs growth.Companies involved with aluminium are the…
CommSec Daily Report Wednesday
Latest NewsLocal shares are looking to rebound from losses in the previous two sessions this week. The ASX 200 is lifting 12 points or 0.2% to 6138 heading towards lunchtime.It was a flat start for the main index with gains in the resource sectors offset by early weakness for the financials. Base metals were mostly…
CommSec Daily Report Tuesday
Latest News The Aussie market is weaker for a second session this week with the ASX 200 sliding 41 points or 0.67% to 6131 towards lunch. Losses are accelerating as the day progresses with the market opening several points higher.The soft showing is despite a general improvement for global markets with optimism over a new…
CommSec Daily Report Monday
Latest newsAussie shares have kicked off the week a little softer, with the ASX 200 index down 0.6 per cent at lunch following losses from the financials. Volumes are light however with holidays across a number of states and territories today and week-long closures for the Shanghai Stock Exchange.Shares fell by 1.8 per cent in…
CommSec Daily Report Friday
Latest newsAussie shares are off to a better start on Friday, with the ASX 200 lifting by 0.5 per cent thanks to gains from most sectors at lunch. The index is back above 6200pts and is enjoying its best gains in what has been a quiet week for local equities.Despite plenty of state holidays in…
CommSec Daily Report Wednesday
Latest NewsAfter two days of losses, the Aussie market is lifting on Wednesday with the ASX 200 up 7 points or 0.1% to 6193 towards lunch. It was another mixed session in the US following President Trump’s tough stance on trade at a speech to the US General Assembly.Back home, Energy and materials continue to…
CommSec Daily Report Tuesday
Latest NewsThe Aussie market is weaker for a second successive session towards lunch with the ASX 200 pulling back 18 points or 0.3% at 6168. US markets were mixed again overnight with trade concerns still weighing on investors.The energy sector is propping up the broader market. Crude oil experienced a solid rise in overnight trade,…
Venezuela to bump China oil exports to one million barrels a day
Venezuela is to increase its oil exports to China to one million barrels a day, President Nicolas Maduro said on Tuesday, just days after visiting the Asian powerhouse.Maduro said each country would invest ‘around five billion dollars’ in the project by August 2019.Private sector estimates put the current export figure to China at around 700,000…
CommSec Daily Report Wednesday
Latest NewsLocal shares are rebounding from losses yesterday after tariff rates from the US and retaliation by China, being less than feared. Overnight, China announced tariffs of between 5-10% against US$60 billion of US imports.Wall Street closed higher and has provided a strong lead for the local bourse. The ASX 200 is advancing by 25…
CommSec Daily Report Tuesday
Latest NewsThe local market has opened in the red with the announcement by President Trump and the USadministration to impose fresh 10% tariffs on $200 billion of Chinese imports to start next week. The ASX 200 is off by 17 points or 0.3% to 6167 towards lunch.The sectors most heavily affected by the trade stoush…
