PM 08 Jul 26: Third day of declines for ASX

CommSec Market Update

Stay across key moves in the Australian and global share markets with the CommSec Market Update. Brought to you by CommSec’s expert team, join us for …

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The Australian share market recovered from early losses to finish Wednesday nearly flat, marking a third consecutive session of declines. Energy stocks led gains as oil prices climbed following Middle East developments, while financial stocks rebounded into positive territory. Telstra dragged the telecommunications sector lower following a major network outage, and tech stocks faced pressure from weak US peers. Investors await tonight's Fed policy minutes for clues on US rate outlook.

Laura Besarati is a Market Analyst at CommSec. Each episode, she breaks down the day's market movements and explain what the numbers really mean.

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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.

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CommSec Market Update
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CommSec Market Update

Stay across key moves in the Australian and global share markets with the CommSec Market Update. Bro…