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The Market Wrap with Evan Lucas, Economic Futurist

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Manage episode 483847351 series 2343579
Content provided by Nine Radio and Money News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nine Radio and Money News 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.

A credit rating downgrade of the US hurt the Australian share market, but how significant is it for investors?

MARKET WRAP:

  • ASX200: up 0.58%, 8343
  • GOLD: $3,229 US/ounce
  • BITCOIN: $163,965 AUD
  • Technology One, which posted a 33% increase in profit to $81.9 million, shares up 11.3% to $36.76.
  • Wistech rising 2.7% and Life360 up 1.6%.
  • Commbank again hitting fresh highs at $172.43.
  • Wesfarmers, Goodman Group and Telstra all finished higher.
  • Regis Resources down 1.1% to $4.55.
  • Utilities stocks were lower again, with Origin, APA Group and AGL all down.
  • Falling by more than 1% were Northern Star, Resmed and Fisher & Paykel Healthcare.

CURRENCY UPDATE:

  • AUD/USD: 64.2
  • AUD/GBP: 48 pence
  • AUD/EUR: 57 Euro cents
  • AUD/JPY: 93 yen
  • AUD/NZD: 1.09 Dollars

See omnystudio.com/listener for privacy information.

  continue reading

2258 episodes

Artwork
iconShare
 
Manage episode 483847351 series 2343579
Content provided by Nine Radio and Money News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nine Radio and Money News 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.

A credit rating downgrade of the US hurt the Australian share market, but how significant is it for investors?

MARKET WRAP:

  • ASX200: up 0.58%, 8343
  • GOLD: $3,229 US/ounce
  • BITCOIN: $163,965 AUD
  • Technology One, which posted a 33% increase in profit to $81.9 million, shares up 11.3% to $36.76.
  • Wistech rising 2.7% and Life360 up 1.6%.
  • Commbank again hitting fresh highs at $172.43.
  • Wesfarmers, Goodman Group and Telstra all finished higher.
  • Regis Resources down 1.1% to $4.55.
  • Utilities stocks were lower again, with Origin, APA Group and AGL all down.
  • Falling by more than 1% were Northern Star, Resmed and Fisher & Paykel Healthcare.

CURRENCY UPDATE:

  • AUD/USD: 64.2
  • AUD/GBP: 48 pence
  • AUD/EUR: 57 Euro cents
  • AUD/JPY: 93 yen
  • AUD/NZD: 1.09 Dollars

See omnystudio.com/listener for privacy information.

  continue reading

2258 episodes

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