CommSec Market Update

Laura and Stevie are back to wrap up the market today. The ASX200 was up slightly with 6 of the 11 sectors finishing higher. A survey done by CBA economists about Black Friday found some surprising results and what to look out for in the next week. 

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Aussie shares poised to rise after U.S Thanksgiving holiday. European shares hit two month highs as oil companies rally. Ryan and Tom review the latest Central Bank meeting minutes. Plus this mornings commodities and the AUD. 

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It was another day of losses on Thursday, with the market closing down 0.62%. Almost all sectors were down today and utilities was again dragged by Origin, who are facing further complications with their takeover bid. Furniture company Nick Scali were down after the CEO sold $50m worth of shares in the company, totalling to roughly 5% of the company. 

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U.S share markets lifted ahead of Thanksgiving holiday. Investors focus on NVIDIA result as AI boom continues. Oil slips as OPEC delays meeting. Plus the AUD rises after RBA Bullock speech.

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The market snapped a two day winning streak, finishing mostly flat on Wednesday. It was a great day for travel company Webjet, who announced higher than expected profits and infant formula maker Bubs Australia entered a trading holt. Tonight, RBA governor Michele Bullock will speak at a dinner tonight.

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Wall Street falls on disappointing retail updates ahead of NVIDIA results. Ryan and Tom preview the RBA Governor's speech tonight. They look at Webjet earnings due out today. Plus this mornings AUD.

The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

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The market was up today despite only a handful of sectors managing to lift. Origin Energy was in focus again today amid takeover discussions and all eyes will be on Microsoft after an open letter from OpenAI staff. 

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NASDAQ leads Wall Street higher as Microsoft hits record high. Mine strikes and protests help propel copper to two month high. Reserve Bank board minutes are due today and oil prices climb over 2% as OPEC cuts expected. Plus AUD climbs on Tuesday. 

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The market was up ever so slightly today, despite only 3 sectors finishing higher. Energy had the highest gains, with companies like Karoon Energy in the spotlight. Clothing retailer Universal Group were up after their AGM today and the ASX itself was up after announcing an upgrade to their systems

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U.S stocks treaded water on Friday but post solid weekly gains. Long and short term interest rates continue their recent trend lower. The local share market looks forward to a positive start. Plus this mornings commodities and the AUD. 

The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

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