CommSec

US and European stocks saw mixed fortunes overnight - Wall St recovered from early losses to end with trimmed losses. Elsewhere, a stronger US dollar weighed on commodity prices broadly. The Dow fell 0.2%, the S&P 500 dropped 0.2% although the Nasdaq index rose 0.1%.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this...

CommSec Senior Economist Ryan Felsman previews the economic & financial market events scheduled for the week ahead including the CBA Household Spending Intentions, Reserve Bank Board meeting minutes & US Federal Reserve meeting.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or...

Aussie shares closed higher on Thursday despite a weaker than expected August employment release. While the ASX 200 eased from morning highs, it still added 43 points or 0.58% to 7,460. Myer shares jumped 16% on its FY21 profit numbers while Wesfarmers increased its takeover offer for API.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in...

The Aussie market is rebounding from yesterday’s falls with the ASX 200 well higher around lunch. While the disappointing August jobs numbers have weighed slightly, most sectors are higher led by materials, energy & communications.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to bu...

US sharemarkets climbed on Wednesday as investor concerns about rising inflation and monetary policy tightening both eased. A surge in crude oil prices boosted energy shares. The Dow Jones index rose by 237 points or  0.7%. The S&P 500 index gained 0.9%. And the Nasdaq index added 124 points or 0.8%.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments r...

The Aussie market has ended its recent winning run of three sessions after the ASX 200 fell 20pts or 0.27% to 7,417. Losses were particularly heavy among mining and energy stocks. These were somewhat offset by gains for IT & healthcare names.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is...

The Aussie market is weaker to start Wednesday’s session with the ASX 200 on track to snap a three session winning streak. At lunch, the benchmark index is down roughly 30 points but was down as much as 55 points or 0.75% at its earlier lows.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in th...

Woodside Petroleum (WPL) CEO, Meg O’Neill speaks with Tom Piotrowski about the vision for the company under her leadership, the merits of the recently announced merger with BHP’s oil and gas business and the key drivers of the latest results.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this repo...

US sharemarkets were weaker on Tuesday as investors absorbed news of a weaker reading on consumer price inflation. Investors are also wary about rising cases of the Delta variant and a looming hike in the corporate tax rate. The Dow Jones index fell by 292 points or 0.8%. The S&P 500 index lost 0.6%. And the Nasdaq index lost 68 points or 0.5%. Longer-dated US treasury prices rose on Tuesday (yields lower) in response to a softer reading on consumer prices. US 10-year yields fell by 5 points to near 1.277%. And US 2-year yields fell less than 1 point to near 0.209%.

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The Australian sharemarket recovered from a slight fall this morning to lift for a third straight day. Energy stocks were standouts thanks to oil prices hitting six-week high. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities o...

The Australian sharemarket is down slightly on Tuesday, due partly to losses from healthcare stocks, Brambles, Fortescue and tech stocks. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities or financial products, and has been prepared without t...

US sharemarkets were mixed overnight with energy names leading gains after OPEC upgraded demand forecasts for crude oil. The Dow Jones index rose by 262 points or 0.8% and the S&P 500 index added 10 points or 0.2%, both snapping a five-day losing streak. But the Nasdaq index lost 10 points or 0.1%.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related...

The Australian sharemarket recovered in the final 30 minutes of the session to finish a touch higher for a second day. Gains from resource stocks, Sydney Airport & Aristocrat Leisure helped most. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold a...

The Australian sharemarket is lifting for a second day, with the ASX 200 up by ~0.3%. Gains from mining and energy stocks together with Aristocrat Leisure and Sydney Airport are helping most. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold a...

CommSec Market Analyst Steven Daghlian outlines five key factors to watch in markets this week including a key report on jobs, a speech by RBA boss Philip Lowe on Tuesday, influential data on China's economy, dividends and more. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is n...

US sharemarkets fell again on Friday with all of the eleven S&P500 sector indexes were lower, led by utilities and real estate after  longer-term treasury prices fell on Friday (yields higher) in response to higher producer price inflation. The Dow Jones index dropped by 272 points or 0.8%. The S&P 500 index lost 0.8% and the Nasdaq  index fell by 133 points or 0.9%. Over the week, the Dow fell 2.2%; the S&P 500 fell 1.7%; and the Nasdaq lost 1.6%.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Ba...

The Australian sharemarket edged higher on Friday thanks to gains across most sectors. Unfortunately this follows the largest tumble in six and a half months on Thursday, dragging the ASX 200 lower this week. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, s...

AMP Capital (AMP) Portfolio Manager, Dermot Ryan speaks with Tom Piotrowski about his view on the market in light of the recently completed reporting season and the outlook for the economy in the context of lockdowns and re-openings.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is...

The Australian sharemarket is up ~0.3% at midday after posting its biggest tumble in 6 1/2 months on Thursday. The ASX 200 is being led higher by mining stocks. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities or financial products, a...

US sharemarkets retreated for a fourth straight session on Thursday. Shares of Microsoft (-1.0%) and Amazon (-1.2%) were among the stocks weighing most on the S&P 500 and Nasdaq indexes. Shares of Lululemon Athletica soared 10.5% after providing a strong annual forecast. Moderna shares jumped 7.8% after the drug maker said it's developing a single dose vaccine that combines boosters against Covid and the flu. The Dow Jones index dropped by 152 points or 0.4%. The S&P 500 index lost 0.5% and the Nasdaq index fell by 38 points or 0.3%.  

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, A...

CommSec Chief Economist Craig James previews the economic & financial market events scheduled for the week ahead including A Speech by Reserve Bank Governor, Population data  & US Industrial production.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities o...

The Australian sharemarket slumped by 1.9% on Thursday; its worst decline in months. Every sector and ~95% of stocks finished in the red. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities or financial products, and has been prepared w...

The Australian sharemarket is down by more than 1% at midday, with banks and miners weighing most heavily on the ASX 200. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities or financial products, and has been prepared without t...

US and European equity markets traded lower overnight as investors look ahead for the next significant catalyst. US sharemarkets retreated on Wednesday as investors reassessed valuations amid rising economic risks, including the reduction in central bank stimulus. The Dow Jones index fell by 69 points or 0.2%. The S&P 500 index lost 0.1% and the Nasdaq index dropped 88 points or 0.6%. European sharemarkets fell on Wednesday, a day before the European Central Bank meeting. The German Dax index slid 1.5% and the UK FTSE index lost 0.8%.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a...

Aussie shares ended lower for the first time since last Thursday with the ASX 200 dropping 18 points or 0.25% to 7,512. Mining, IT & consumer staples weighed most while financials lead the improvements. Macquarie Group (MQG) hit a record high on an investor update.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This...

WiseTech Global Ltd (WTC) Founder & CEO, Richard White speaks with Tom Piotrowski about the company’s FY21 results, how the company has navigated the pandemic to date and the key factors expected to drive growth in the medium term.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is...

The Aussie market has again opened lower but is attempting a slight revival around lunch. The ASX 200 is down 24 points or 0.3% approaching midday with selling across most sectors. Macquarie Group (MQG) is a positive though on its investor update and 1H22 guidance.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this...

US and European stocks generally trended lower over the course of the session overnight as investors considered the prospect of moderating growth as long term interest rates edged higher. The Dow Jones index fell by 269 points or 0.8%. The S&P 500 index lost 0.3%. But the Nasdaq index rose by 11 points or 0.1% to a record high.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their ow...

The Aussie market managed to rally late to finish flat for the day. The ASX 200 added just 1.8pts to 7,530 with miners weighing on the market. Local shares did lift following the RBA’s decision to keep rates on hold and also maintain its decision to begin tapering its bond buying program this month.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own ac...

Kogan.com Ltd (KGN) CEO, Ruslan Kogan speaks with Tom Piotrowski about the company’s FY21 results including the decision to pause the dividends, the outlook for the company as well as the potential for future growth of E-Commerce in Australia.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. Th...

The Aussie market is in the red by ~0.5% at lunch on Tuesday. Heavyweight miners are a major weight with the iron ore price tumbling 9% overnight while banks are also weaker ahead of the RBA September interest rate decision at 2.30pm AEST.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report...

Last Friday, the Dow Jones index fell by 75 points or 0.2%. The S&P 500 index lost 1.5 points or less than 0.1%. But the Nasdaq index rose by 32 points or 0.2% to a record high. Over the week, the Dow fell by 0.2%, the S&P 500 rose by 0.6% and the Nasdaq gained 1.6%.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related...

The Australian sharemarket edged higher by 0.07% despite being down as much as 1.1% on the open and an 11% tumble for Fortescue as it traded ex-dividend. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities or financial products, and h...

The Australian sharemarket is sliding on Monday, with losses across most sectors at midday. Fortescue Metals is the main weight as it trades ex-dividend for its largest ever distribution to investors next month. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, s...

CommSec Market Analyst Steven Daghlian outlines five key factors to watch in markets this week including why the Reserve Bank will be in focus, which companies are set to trade ex-dividend, stocks pencilled in to make their ASX debuts and some of the key economic data due. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related i...

The disappointing lift in jobs in August raised concerns about the pace of economic recovery, but stemmed calls for a paring back (or tapering) of bond purchases. Tech stocks rose but bank stocks fell. The Dow Jones index fell by 75 points or 0.2%. The S&P 500 index lost 1.5 points or less than 0.1%. But the Nasdaq index rose by 32 points or 0.2% to a record high. Over the week, the Dow fell 0.2%; the S&P 500 rose by 0.6%; and the Nasdaq rose by 1.6%.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned...

The Australian sharemarket edged higher by 0.5% on Friday, snapping a two-day losing streak and lifting for a second straight week. Mining stocks rose most on Friday as the ASX 200 remains ~1.5% shy of a record high. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation t...

The Australian sharemarket is lifting by 0.5% and is snapping a two-day losing streak thanks to gains across most sectors on Friday. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities or financial products, and has been prepared w...

US claims for unemployment benefits hit their lowest level since the start of the pandemic. Shares of contracting services firm Quanta Services jumped 12.1% on a US$2.7 billion takeover deal. Shares of Cabot Oil & Gas (+6.7%) and Chevron (+2.1%) climbed as the crude oil price jumped. Walgreens shares lifted 3.0%. The Dow Jones index rose by 131 points or 0.4%. The S&P 500 index added 0.3% to a record high. And the Nasdaq index rose by 22 points or 0.1% to a record high. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of C...

CommSec Senior Economist Ryan Felsman previews the economic & financial market events scheduled for the week ahead including Credit and debit card lending, Reserve Bank Deputy Governor speeches & the US Federal Reserve Beige Book.

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy...