Laura Besarati

speaker

22,691 appearances 299 recordings 1 series first heard Aug 2024 last heard yesterday

Laura Besarati’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 123 in all, peaking in Mar 2026 with 22.

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CommSec Market Update · PM 21 Jul 26: Tech and miners rally as banks slide. · 21 Jul 2026 podcast

So that's why we have seen oil prices come down just a little bit today from those five-week lows.

We should mention gold prices because they've been moving in the opposite direction, up by around 1.5% today.

But keep in mind, gold prices do remain close to their lowest level in about nine months.

Absolutely.

So the tech sector, the big standout for today.

The materials sector also up by around 1.3%, which is helping to offset some of the losses we're seeing elsewhere.

So it is worth mentioning, yes, with gold prices up, we have seen gold miners lifting as well.

So they're up

by around 3.6% as a group.

Pretty modest moves everywhere else in terms of those sectors that are lifting, but financials are quite a weight, down by 0.7%.

We are seeing all of the major banks easing and healthcare is down by roughly 1%, which certainly isn't helpful.

Now, we did mention the tech sector is doing exceptionally well today, lifting by well over 3%.

And one stock within the sector has been receiving quite a bit of attention, and that's data centre company NextDC.

It's actually the top performer today, lifting by around 8%.

And this is after investors welcomed news that the company has secured another round of major customer contracts, reinforcing the huge demand for AI data centres.

Now,

This just adds to its pipeline of new customers.

And because these are long-term contracts with large cloud and AI customers, they do give investors greater confidence of NextDC's investment in new data centers and that it will be backed by long-term customer demand.

So NextDC, currently the top performer.

Digital property settlement firm Pexa Group was the worst performer yesterday and today it's down slightly once again.

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