CommSec Market Update

Market Close 31 Jul 24: The best day for the year for the Aussie market


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The market has ended the month on a high with today being the best day of the entire year.  Laura and Stevie reflect on the performance of the local market over the past month where four record highs were recorded, and they look at how quarterly inflation data impacted investors today finally providing the much-needed catalyst that they have spoken of for the past few days.  They unpack how this may impact the imminent interest rate decision, look at how the sectors performed with almost all stocks in positive territory, and the company news that received attention today.

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.

See omnystudio.com/listener for privacy information.

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