A subdued and underwhelming session for the Aussie market, with stocks hovering around flat levels late in the day as energy names did most of the damage. Steve and Laura unpack weakness in Woodside after CEO Meg O’Neill announced her departure to take the top job at BP, mixed moves across the banks with CBA providing some support, and sharp falls among uranium stocks following a shock update from Boss Energy. There were brighter spots, including Bapcor jumping on a CEO change and Austal lifting after securing a $1 billion defence contract. Looking ahead, key US inflation data and several major central bank decisions are due in the next 24 hours.

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.

A subdued and underwhelming session for the Aussie market, with stocks hovering around flat levels late in the day as energy names did most of the damage. Steve and Laura unpack weakness in Woodside after CEO Meg O&rsquo;Neill announced her departure to take the top job at BP, mixed moves across the banks with CBA providing some support, and sharp falls among uranium stocks following a shock update from Boss Energy. There were brighter spots, including Bapcor jumping on a CEO change and Austal lifting after securing a $1 billion defence contract. Looking ahead, key US inflation data and several major central bank decisions are due in the next 24 hours.
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.

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