CommSec Market Update

Market Close 21 Nov 25: Aussie shares touch 6 month low


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The Aussie market ended the week in the red, falling 1.6 percent after touching a six month low at the open, with a hotter US jobs report keeping investors on edge ahead of the Fed's December decision. Wall Street's weak lead weighed on every major sector locally, especially materials and energy, while the major banks extended their recent slide. Lovisa sank on softer like for like sales, while WiseTech was one of the few winners after reaffirming guidance at its AGM. With November now shaping up as the ASX's worst month in more than two years, attention turns to next week's backlog of US economic data and local inflation figures.

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