The Aussie market's impressive 10-day winning streak has come to an end, with the market slipping into slightly negative territory. Key sectors like energy and utilities dragged the market down, influenced by declining oil stocks and coal miners. Whitehaven Coal and Ingham’s experienced significant share price drops following disappointing profit results and analyst downgrades, while Fisher & Paykel and Guzman y Gomez saw gains due to positive updates and strong performance. Investors are also eyeing the Jackson Hole Symposium and upcoming U.S. economic data, which could significantly impact market trends next week.

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's impressive 10-day winning streak has come to an end, with the market slipping into slightly negative territory. Key sectors like energy and utilities dragged the market down, influenced by declining oil stocks and coal miners. Whitehaven Coal and Ingham’s experienced significant share price drops following disappointing profit results and analyst downgrades, while Fisher &amp; Paykel and Guzman y Gomez saw gains due to positive updates and strong performance. Investors are also eyeing the Jackson Hole Symposium and upcoming U.S. economic data, which could significantly impact market trends next week.
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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