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Steve Daghlian

๐Ÿ‘ค Speaker
964 total appearances

Appearances Over Time

Podcast Appearances

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

What do you think is going to be most important?

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

Yeah, and look, it very rarely has a significant impact on the market, both before or after, partly because there are so many leaks.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

So, look back the last decade or so, and we haven't seen barely any movement at all on Budget Day, obviously, because this is ahead of the budget that evening, but also after the fact, markets move very little as well.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

So, there'll be other things, I think, that markets will be focused on.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

Having said this, the changes to capital gains tax, potentially, if anything gets announced, that might get a bit more attention than usual.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

We also get some ex-dividend stocks next week.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

ANZ probably will be the big one that could potentially weigh at the start of the week.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

It's going ex-div on Monday, and then there'll be a bunch of companies out with their profit results too.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

Yeah, so that'll be Thursday and Friday.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

Those other companies that will be out with their results, which might get attention, include Aristocrat Leisure, Grand Corp and Xero.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

So they're three to watch on Wednesday and Thursday.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

A number of AGMs as well, so annual general meetings too, that might get attention.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

will be Ampol and also Flight Centre.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

And as you said, you know, the Trump's day meeting will probably get a bit of attention.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

I don't know how much to expect out of this.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

That's true.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

It's a long way away, but we'll see.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

That's something to still keep an eye out for.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

This podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited, ABN 60067254399, AFSL 238814.

CommSec Market Update
PM 08 May 26: Worst day in 7 weeks for ASX

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