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Market Close 13 Aug 25: Profit results weigh on ASX200

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Manage episode 499917636 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://ppacc.player.fm/legal.

The ASX200 slipped around half a percent despite briefly touching a third straight all-time high at the open, with more winners than losers overall but some heavyweight profit results dragging the index lower. Miners and healthcare stocks helped offset losses in financials and utilities, while standout movers included Tyro Payments after takeover interest, Evolution Mining on strong gold prices, and IAG on a big profit lift. On the downside, CBA tumbled after results, AGL swung to a loss, and Beach Energy fell on a broker downgrade. Investors are now watching tomorrow’s July jobs data for clues on the next RBA move.

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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1163 episodes

Artwork
iconShare
 
Manage episode 499917636 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://ppacc.player.fm/legal.

The ASX200 slipped around half a percent despite briefly touching a third straight all-time high at the open, with more winners than losers overall but some heavyweight profit results dragging the index lower. Miners and healthcare stocks helped offset losses in financials and utilities, while standout movers included Tyro Payments after takeover interest, Evolution Mining on strong gold prices, and IAG on a big profit lift. On the downside, CBA tumbled after results, AGL swung to a loss, and Beach Energy fell on a broker downgrade. Investors are now watching tomorrow’s July jobs data for clues on the next RBA move.

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.

  continue reading

1163 episodes

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