PM 11 Aug 26: ASX lifts as RBA stays on hold

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 rose on Tuesday as energy stocks surged on higher oil prices amid US-Iran tensions, while the Reserve Bank kept interest rates on hold. Reporting season dominance saw mixed results: Austol soared on a takeover offer despite losses, while Live360 and SGH fell on weak outlooks. Commonwealth Bank and other major reporters headline tomorrow's agenda.

Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break 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…