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PM 31 Aug 26: Fifth month of gains for ASX

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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 finished August mixed but on track for a fifth consecutive month of gains. Financials led while miners and tech retreated following hawkish commentary from US Fed Chair Jerome Powell at Jackson Hole, raising odds of a September rate hike. Gold prices fell sharply, pressuring the gold subsector. Key catalysts ahead include the US Fed meeting on September 16 and the RBA decision weeks later, alongside building approvals data and ongoing dividend payouts.

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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CommSec Market Update

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