Sellers have the better of the local share market at the start of the new trading week. Encouraging earnings from Metcash (MTS) have lifted Consumer Staples to be the most improved sector, while the Tech sector is being hamstrung by BNPL 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 the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (the Bank), and a market participant of ASX Limited and CHI-X Pty Limited, a clearing participant of ASX Clear Pty Limited and a settlement participant of ASX Settlement Pty Limited. Any advice contained in this report is general advice only and is not a recommendation to buy, sell or hold any securities, property, real estate or financial products, and has been prepared without taking account of the objectives, financial or taxation situation or needs of any particular individual. Before making any investment decision, you should consider your own investment needs and objectives and consider seeking financial advice. Past performance is not a reliable indicator of future performance. This report is produced by Commonwealth Securities Limited based on information available at the time of publishing. We believe that the information in this report is correct and any opinions, conclusions or recommendations are reasonably held or made as at the time of its compilation, but no warranty is made as to accuracy, reliability or completeness. To the extent permitted by law, neither the Bank nor any of its subsidiaries accept liability to any person for loss or damage arising from the use of this report.
Market Close 20 Mar 23: ASX 200 extends last week’s losses
Morning Report 20 Mar 23: Global sharemarkets tumble on Friday ahead of UBS takeover of Credit Suisse
Market Close 17 Mar 23: ASX 200’s biggest weekly drop in 6 months
Morning Report 17 Mar 23: US sharemarkets rebounded on Thursday
Market Close 16 Mar 23: ASX 200 hits 10-week low
CommSec Insights 16 Mar 23: The Week Ahead
Morning Report 16 Mar 23: Global sharemarkets tumble as Credit Suisse sparks fresh bank sell-off
Market Close 15 Mar 23: ASX 200 snaps three-day losing streak
Executive Series 28 Feb 23: WiseTech Global Ltd (WTC) Founder & CEO, Richard White
Morning Report 15 Mar 23: Wall Street lifts as inflation cools and regional US bank jitters subside
Market Close 14 Mar 23: ASX 200 falls for third straight day
Morning Report 14 Mar 23: ASX set for a sharp drop
Market Close 13 Mar 23: Aussie market hits 2-month low
Morning Report 13 Mar 23: US sharemarkets tumbled on Friday
Market Close 10 Mar 23: ASX 200 has biggest tumble in 6 months
Morning Report 10 Mar 23: US sharemarkets tumbled
Market Close 9 Mar 23: ASX 200 edges higher for 5th time in 6 days
CommSec Insights 9 Mar 23: The Week Ahead
Morning Report 9 Mar 23: ASX set for a positive start
Market Close 8 Mar 23: ASX 200 snaps 4-day winning streak
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