News

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…

CommSec Daily Report Monday

Latest NewsLocal shares fell in early trade on Monday before a recovery into lunch. The Healthcare sector led declines for the Index after Prime Minister Morrison announced plans for a Royal Commission into the aged care sector at the weekend. By contrast Telecoms and Utilities Only two sector managed to advance against the tide of…

Merkel to visit Algeria on Monday

German Chancellor Angela Merkel will pay a visit to Algeria on Monday, her second since 2008, the official APS news agency reported.Merkel was forced to cancel a trip to Algeria at the last minute in February 2017 after President Abdelaziz Bouteflika fell ill with acute bronchitis.During next week’s visit, Merkel is set to meet the…

CommSec Daily Report Friday

Latest NewsAussie shares are looking to finish the week on a high with the ASX 200 advancing at lunch on Friday. The main index is climbing 36 points or 0.58% to 6164 and despite advancing for only the second time in the last 12 session, the index is looking for a weekly gain.The gains have…

CommSec Daily Report Monday

Latest newsWhile the Australian market is slipping for an eighth day, equities have bounced off intraday lows and at lunch the ASX 200 is down just 0.04 per cent. The index is coming off the back of its worst weekly performance in seven months and while it did hit decade highs less than a fortnight…

CommSec Daily Report Friday

Latest newsAussie shares are losing ground for the seventh consecutive day, with falls across all sectors dragging the ASX 200 index down 0.7 per cent. At lunch the local market has shed 3.3 per cent in just five days, making it the worst week since early February. Putting this in context however, the broader market…

CommSec Daily Report Thursday

Latest NewsThe ASX 200 is close to three month lows after falling for the sixth consecutive session on Thursday. The early selling comes after the Index suffered its worst one day decline since late March a day earlier. The early selling came on the heels of another session on Wall Street that was marked by…

CommSec Daily Report Wednesday

Latest newsLosses from the banks and miners are pushing the Australian sharemarket lower for a fifth day, with the ASX 200 index slipping by 0.75 per cent. The Australian dollar strengthened following better than anticipated quarterly economic growth data.Concerns relating to trade tensions between the US, Canada and China together with stronger US data contributed…

CommSec Daily Report Tuesday

Latest news Aussie stocks are softer for a fourth day, with the ASX 200 index down 0.3 per cent due largely to falls from the major banks. The big four are slumping by as much as 1.4 per cent ahead of this afternoon’s RBA Board meeting. Suncorp (SUN) confirmed the sale of its Life Insurance business…

CommSec Daily Report Monday

Latest NewsLocal shares have started the new trading week in a subdued manner with both buyers and sellers showing limited conviction. The ASX 200 opened flat before trading to a 14 point gain in the first half hour of the session. Thereafter, momentum faded and the Index traded at a 4 point deficit at the…