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Market Close 30 Aug 24: A flat end to a turbulent month
Manage episode 437003824 series 2978934
Content provided by CommSec. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CommSec or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The Aussie market closed flat, but is likely to end August with a slight decline. Reporting season was mixed, with notable movements like Downer rising 17% after a strong profit report and Appen plunging 16% after losing key contracts. Retail spending was flat in July, aligning with higher costs of living. Looking ahead, key US inflation data and Australian economic growth updates will shape next week’s market focus.
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.
See omnystudio.com/listener for privacy information.
687 episodes
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Manage episode 437003824 series 2978934
Content provided by CommSec. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CommSec or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The Aussie market closed flat, but is likely to end August with a slight decline. Reporting season was mixed, with notable movements like Downer rising 17% after a strong profit report and Appen plunging 16% after losing key contracts. Retail spending was flat in July, aligning with higher costs of living. Looking ahead, key US inflation data and Australian economic growth updates will shape next week’s market focus.
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.
See omnystudio.com/listener for privacy information.
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Similar to CommSec Market Update
Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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