Steve Daghlian
๐ค SpeakerAppearances Over Time
Podcast Appearances
But the thing still to watch out for, we've got an update on jobs growth on the 21st of May.
That's for the month of April.
Got the next inflation report right at the end of the month as well on the 27th of May.
But as I said, we're a full six weeks out now from the next interest rate decision.
So something to keep a close eye on.
Yeah, exactly.
So across the different sectors today, a mixed bag.
We've got energy stocks up by close to 1%.
So the standouts, as I said, overnight, we did see the oil price lifting on an escalation of the US-Iran war.
Outside of that, the telcos, tech stocks, utilities, property trusts, consumer staples are some of the winners and the rest of the market is down, but really not by much.
A really big week for the banks, of course.
Yesterday we had NAB out with its results.
It fell short of the market's expectations.
Today it was Westpac's turn and it's down around 2.3%.
So it also seemed to fall a little shy of
consensus expectations with both its revenue and also profits.
Half-year profits, once you strip out some of those notable items, rose by just 1% to about $3.5 billion.
It did declare a slightly bigger dividend than this time last year, one cent higher, in fact, 77 cents per share.
So we'll pay that out on the 26th of June.
One of the hardest hit gold miners today is Regis Resources, which is down by almost 6%.