CommSec
Investor Signposts 26 Nov 21: All roads lead to economic growth figures

Investor Signposts 26 Nov 21: All roads lead to economic growth figures

November 26, 2021

CommSec Chief Economist Craig James previews the economic & financial market events scheduled for the week ahead including Private sector credit, International trade & the China Caixin services index.

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 25 Nov 21: Local shares stumble into positive territory despite a lack of direction

Market Close 25 Nov 21: Local shares stumble into positive territory despite a lack of direction

November 25, 2021

The Australian sharemarket has managed to finish firmer after dipping in and out of positive territory throughout the trading day. The ASX 200 gained 7 points or 0.1% to 7,407. Improvements in the Materials, IT, Telco, Industrials, Consumer Discretionary sectors and Healthcare sectors outweighed losses in the Financials, Energy, Consumer Staples and Utilities sectors.

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. 

Economic Insights 24 Nov 21: The Big Issues of 2022

Economic Insights 24 Nov 21: The Big Issues of 2022

November 25, 2021

A look at the eight key issues that could impact the Australian economy and financial markets over 2022.

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. 

Mid-Session 25 Nov 2021: Mixed start for the Aussie sharemarket

Mid-Session 25 Nov 2021: Mixed start for the Aussie sharemarket

November 25, 2021

The ASX 200 is a touch higher, helped by improvements in the Materials and IT sectors. However, losses in the Financial, Energy, Healthcare, Consumer Staples and Telco sectors are preventing the market from making solid gains.  

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. 

Morning Report 25 Nov 21: US stocks rise after the release of the US Federal Reserve minutes with the S&P 500 index just below record highs

Morning Report 25 Nov 21: US stocks rise after the release of the US Federal Reserve minutes with the S&P 500 index just below record highs

November 25, 2021

US sharemarkets were mixed on Wednesday. Shares in retailers Gap (-24.1%) and Nordstrom (-29%) fell after noting supply chain issues. Consumer discretionary (+0.2%) rose after data showed higher-than-expected spending in October. Shares in PC makers HP (+10.1%) and Dell (+4.8%) rose in response to earnings news. At the close of trade, the Dow Jones index was down by 9 points or less than 0.1%. But the S&P 500 index rose by 0.2%. And the Nasdaq index rose 70 points or 0.4%. 

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 24 Nov 21: ASX consolidates following recent gains

Market Close 24 Nov 21: ASX consolidates following recent gains

November 24, 2021

The Australian sharemarket see-sawed between modest gains and losses on a choppy trading day to eventually close lower. The benchmark ASX 200 index lost 11.2 points or 0.15 per cent to close at 7399.4. The Energy sector stood out as oil prices rose overnight despite the coordinated announcement by number of countries including the US and China to release strategic oil reserves to ease the supply concerns. Locally, Woodside (WPL) rose 1.6 per cent, Santos (STO) by 2.2 per cent and Beach Energy (BPT) closed 2.4 per cent higher. The Information Technology sector was the main weight today impacted by the concerns with rising bond yields.

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. 

Mid-Session 24 Nov 2021: ASX recovers from early stumble to be higher at lunch

Mid-Session 24 Nov 2021: ASX recovers from early stumble to be higher at lunch

November 24, 2021

Early selling saw the ASX shed 0.4% at the lows of the morning. A subsequent recovery has seen the market post modest gains at lunch, helped by improving energy, mining and bank names. Technology names have retreated once again continuing yesterday’s trend.  

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. 

Morning Report 24 Nov 21: US shares mixed as investors rotate from growth into value stocks

Morning Report 24 Nov 21: US shares mixed as investors rotate from growth into value stocks

November 24, 2021

US sharemarkets were mixed on Tuesday. The banks sector rose 2% as longer-term bond yields lifted. The energy sector lifted 3.05% in response to higher oil prices. But the technology sub-sector fell 0.2%. Shares in Best Buy fell 12.9% after the electronics retailer forecast fourth-quarter comparable sales below expectations due to supply chain issues. At the close, the Dow Jones index was up by 195 points or 0.6%. The S&P 500 index rose by 0.2%. But the Nasdaq index lost 80 points or 0.5%.

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 23 Nov 21: Mining and Energy names help ASX shake off Wall St weakness

Market Close 23 Nov 21: Mining and Energy names help ASX shake off Wall St weakness

November 23, 2021

The Australian sharemarket has recovered yesterday’s losses, buoyed by a rally in the Materials and Energy sectors as well as gains in the Financial, Utilities and Consumer Staples sectors. The ASX 200 (XJO) closed near the day’s highs, up 57 points or 0.8% to 7,410. A jump in iron ore futures fuelled a surge in mining stocks today. Prices for the steel making commodity have soared about 16% in just a few days, amid expectations China could provide more support for its troubled property sector. The country’s central bank has also hinted at possible easing measures to boost the country’s economic recovery. Fortescue Metals (FMG) was the best performer on the ASX 200, jumping 9.8% to $17.35. BHP Group (BHP) rose 4% to $38.05, while Rio Tinto (RIO) gained 3.6% to $95.13.

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. 

Mid-Session 23 Nov 2021: Mining & energy stocks surge

Mid-Session 23 Nov 2021: Mining & energy stocks surge

November 23, 2021

The Australian sharemarket has shrugged off a mixed lead from Wall Street – helped by strong gains from energy and mining stocks on the back of higher base metals, iron ore and oil prices. The Materials sector has rallied 2% while the Energy sector is up 2.5%.

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. 

Podbean App

Play this podcast on Podbean App