Sean Aylmer
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Podcast Appearances
Have the job.
Walk on in.
I wasn't listening, Michael, so I don't know whether you mentioned it, but did you mention the fact that Cook rang Albo?
Oh, my God.
Who did our man Liam pick on?
Who, the table of six of us, he looked, he saw the man sinking straight over to Michael Thompson.
Welcome to the Fear and Greed Business News Afternoon Report for Friday the 12th of June 2026.
I'm Sean Aylmer.
Every afternoon we've got the five stories that happened today that you need to know about.
Story number one, the local share market jumped 2% today to finish at 8,804 points, its highest level in more than a month.
News of a permanent, supposedly permanent,
deal between the US, Israel and Iran, possibly this weekend, supercharged the market.
The gold miners were the biggest winners as the price of the precious metal surged back beyond US$4,200 an ounce.
The energy companies fell back as the price of Brent
dropped below $90 a barrel.
That was its lowest level in about two months.
Of the 11 sub-indices, the materials outperformed with BHP, Rio Tinto and Fortescue Metals Group all surging.
Lithium Miner PLS was among the best on the day, while Goodman Group and Brambles both did well.
The big banks were higher, though underperformers for the session, while defensive stocks like Telstra, Transurban and CSL couldn't keep up with the rest of the market.