Laura Bessarati

a listener production.

And supermarket giants have been in the spotlight.

I'm Laura Bessarati.

Well, Stevie, it's been hard to tell which way the market's going.

One minute it's up, the next minute it's down.

At the moment, lifting ever so slightly up by roughly a tenth of 1%.

At our worst levels, though, we were down by around a third of 1%.

So there hasn't been much movement.

We have barely budged.

But if we do manage to cross the finish line in the green, that means we could potentially put an end to four straight sessions of losses.

Yeah.

So, if you look across the four major banks, NAB is the only one that's actually falling down by 1%.

But as you point out, you know, CBA has bounced back.

It's up by close to 2%.

But this is after posting its worst day on record yesterday when it was down by roughly 11% following the

worse than expected results that was its quarterly results it must be said so the financials still bouncing back as a sector up by one percent as we head into the close but on the other side of things tech stocks are doing very poorly down by over two percent so the worst performer by far but consumer staples not too far behind down by 1.9 percent and it's fairly mixed across many of the other sectors

Now, we mentioned the tech sector has been doing worse today, and one stock contributing to that has been shares of accounting firm Xero.

They're slumping by 9% to be one of the worst performers, at the moment the third worst, and it actually released quite a mixed full-year result.

Now, its earnings were very strong, with revenue up 31% to $2.8 billion.

Net customers grew by 506,000.