CommSec @CommSec
Keep up to date with the latest news and information on investment markets from Australia's leading online broker. commsec.com.au Australia Joined November 2008-
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Market Close: #ASX200 - soft start to October. youtu.be/p56F79cBTAY
The #ASX200 index ended the session largely flat, down by just 3pts or 0.04% to 8,847pts on the first day of October. 8 of 11 sectors finished in the green, led by industrials, while consumer discretionary, materials and energy sectors were a weight.
Energy stocks lost 0.4%, with oil and gas firm Woodside Energy $WDS down 0.8%. Banks edged 0.1% lower, with National Australia Bank $NAB, Westpac $WBC and ANZ Group $ANZ shedding between 0.1% and 0.3%. #ausecon
Energy stocks lost 0.4%, with oil and gas firm Woodside Energy $WDS down 0.8%. Banks edged 0.1% lower, with National Australia Bank $NAB, Westpac $WBC and ANZ Group $ANZ shedding between 0.1% and 0.3%. #ausecon
Miners fell 0.5%, with BHP $BHP losing nearly 2% after reports that China's state iron ore buyer had taken steps to pause purchases of iron ore cargoes from the company.
Miners fell 0.5%, with BHP $BHP losing nearly 2% after reports that China's state iron ore buyer had taken steps to pause purchases of iron ore cargoes from the company.
Gold stocks advanced 1.2% to hit a record high as bullion prices edged higher. Genesis Minerals $GMD and St Barbara $SBM gained 3.4% and 3.7%, respectively. #ausecon
Gold stocks advanced 1.2% to hit a record high as bullion prices edged higher. Genesis Minerals $GMD and St Barbara $SBM gained 3.4% and 3.7%, respectively. #ausecon
Australian shares struggled for direction on Wednesday as gains in gold stocks offset losses in the mining and energy sectors, while investors digested the central bank's cautious stance on further interest rate cuts. The S&P/ASX 200 index was flat at 8,849.10 points. #ausecon
Shares of Westgold Resources $WGX rise as much as 10.2% to record-high $4.935. Gold producer plans to increase gold production to more than 470koz by FY28 from 326koz in FY25.
Shares of BHP $BHP fall as much as 2% to $41.70, their biggest intraday pct loss since August 20. Shares drop following media reports that China's state iron ore buyer had taken steps to pause purchases of iron ore cargoes from BHP, the world's largest-listed miner.
The S&P/ASX 200 index fell 0.1% to 8,835.90 on Wednesday. Lithium stocks are the main drag on the index after CATL edges closer to the potential restart of one of the world’s biggest mines. Liontown Resources $LTR falls 8.6%, while Pilbara Minerals $PLS slides 7.9%. #ausecon
The Australian share market has opened the session lower by 19pts or 0.2% to 8,830pts on the first day of October. Sector performance is mixed, with miners and banks adding some weight, while utilities and healthcare are up most.
Australian dealership firm Eagers Automotive $APE said on Wednesday it will acquire a 65% stake in dealership group CanadaOne's holding company for $1.04 billion to expand into Canada.
Morning Report: Wall Street indexes close higher youtu.be/BA1f3eXRMFI
The monthly gain was broad-based, led by a jump of 1.2% in Brisbane and a 1.6% surge in Perth. Sydney prices rose 0.8%, while Melbourne lagged a little at 0.5%. #ausecon
The monthly gain was broad-based, led by a jump of 1.2% in Brisbane and a 1.6% surge in Perth. Sydney prices rose 0.8%, while Melbourne lagged a little at 0.5%. #ausecon https://t.co/WtwIoHDdsy
National home prices increased 0.8% to a record median value of $857,280 in September, marking the strongest monthly gain since August 2023, according to figures from @cotality_au, formerly CoreLogic. #ausecon
National home prices increased 0.8% to a record median value of $857,280 in September, marking the strongest monthly gain since August 2023, according to figures from @cotality_au, formerly CoreLogic. #ausecon
Australian home prices increased at the fastest pace in two years in September, driven by interest rate cuts and record-low listings, property consultant @cotality_au said on Wednesday. #ausecon
Aussie shares are set to dip at open on Wednesday, likely dragged by mining and energy stocks, a day after the central bank held rates steady as expected but struck a hawkish tone on inflation, tempering hopes of an imminent cut. The local share price index futures lost 0.1%.
S&P/ASX 200 Index futures fell 0.1% to 8,862 on Wednesday. US equities notched a second straight quarter of gains even as stock moves were tepid for most of Tuesday’s session as the US government nears a shutdown. #ausecon
In Australia on Wednesday, data on home prices and manufacturing activity are scheduled. In the US, ADP private payroll jobs data is released with construction spending and manufacturing figures. Levi Strauss releases earnings results. #ausecon
Iron ore futures dipped US6 cents or 0.1% to US$105.29 a tonne on Tuesday, pressured by weak China manufacturing data, but logged solid quarterly gains, up 11.5%, as robust export-driven rallies in July and August outweighed recent declines. #ausecon
The gold futures price rose by US$18.00 or 0.5% to US$3,873.20 an ounce on Tuesday, hovering near record highs, buoyed by concerns over a looming US government shutdown, while soft US jobs data bolstered expectations of US Federal Reserve rate cuts. #ausecon

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