The Aussie market pushed higher for a second session, showing remarkable resilience by bucking a negative lead from Wall Street. While US indices retreated, the ASX 200 climbed as the Materials and Energy sectors did the heavy lifting. Gold miners were the standout performers after bullion prices surged, and BHP hit a fresh all-time high. However, it was a "sea of red" for the Tech sector, which slumped to its lowest level in two years. Software giant Xero plummeted to a multi-year low as fears intensified over AI disrupting traditional software models, and elsewhere Synlait Milk also crashed following a massive profit warning.

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.

The Aussie market pushed higher for a second session, showing remarkable resilience by bucking a negative lead from Wall Street. While US indices retreated, the ASX 200 climbed as the Materials and Energy sectors did the heavy lifting. Gold miners were the standout performers after bullion prices surged, and BHP hit a fresh all-time high. However, it was a "sea of red" for the Tech sector, which slumped to its lowest level in two years. Software giant Xero plummeted to a multi-year low as fears intensified over AI disrupting traditional software models, and elsewhere&nbsp;Synlait Milk also crashed following a massive profit warning.
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.

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes.  Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen.



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.

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes.  Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen.
 
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.

Insights, interviews and the latest news and information on investment markets from CommSec, Australia's leading online broker.