PM 21 Sep 26: ASX treads water as rate hike looms

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 ASX 200 traded flat on Monday as cautious sentiment prevailed following three weeks of declines. Energy stocks recovered from early losses as oil prices stabilized, while financials and healthcare provided support. Ramelius led gainers on upgraded production forecasts, but Perpetual plunged after rejecting a takeover bid. The week ahead focuses on RBA rate decision, US China talks, and jobs data.

Steve Daghlian is a Market Analyst at CommSec. Each episode, he breaks down the day's market movements and explains 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…