Laura Besarati

speaker

22,289 appearances 293 recordings 1 series first heard Aug 2024 last heard 4d ago

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 — 117 in all, peaking in Mar 2026 with 22.

Appearances

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CommSec Market Update · PM 03 Aug 26: Positive start to August. · 3 Aug 2026 podcast

The Nasdaq was down a little over 3%. voice-verified

The Dow Jones did lift very, very slightly. voice-verified

It was up by a third, but the KOSPI as well in South Korea was down 22% last month. voice-verified

So the Aussie market certainly outperforming just on South Korea's market. voice-verified

That was mostly due to voice-verified

stocks, which is SK Hynix that produces the chips essential to the expansion of AI data centers and also Samsung, because these two companies alone account for more than half of the market cap of the Kospi. voice-verified

So that's why it was down so much over the course of last month. voice-verified

Absolutely. voice-verified

So let's look at some of the individual movers today. voice-verified

Premier Investments has been on the losers list. voice-verified

This is one of our retailers, of course, but there is a good reason for it, and that's because it's trading ex-dividend today. voice-verified

So it's going to pay $0.45 per share on the 20th of August to any lucky shareholders who made the cut. voice-verified

But today, it's share price down by roughly 3.5%, which is quite normal to see on the day a company trades ex-dividend. voice-verified

One of the winners on our market today have been Steadfast. voice-verified

This is the insurance broker and its shares are lifting by roughly 5% after providing an update about the proposed takeover from a consortium of private equity giants bidding $7.7 billion to buy out the company. voice-verified

Now, the potential buyers have now substantially completed their checks of the business, and both sides have extended exclusive negotiations until the 19th of August, so a couple more weeks, and that's to finalize the deal, which is voice-verified

An encouraging step forward, but of course, there's still no guarantee the takeover will proceed. voice-verified

And keep in mind, we have seen quite a big jump in steadfast share price since receiving the offer back in June. voice-verified

So it was up 25% in June, a touch higher last month as well, and then higher again today for the first day of a brand new month. voice-verified

I also wanted to touch on Fleet Partners, which provides vehicle leasing, fleet management and salary packaging services because its share price has rallied 17% today to its best level in roughly two years. voice-verified

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