Steve Daghlian

And it's blaming this, again...

on the war in Iran, at least partly.

So it's said that the war is driving up fuel prices, it's hurting margins, consumer confidence, and all the rate hikes that we've had recently isn't great as well for people going out there and buying new shoes.

Did so today in ANZ last Friday.

And then I believe there might be a few more quarterlies around as well.

Yeah, there are a few holidays as well.

Not so much here in Australia, but the Shanghai market is shut today.

We've got the Toko Stock Exchange closed for a holiday, the London Stock Exchange tonight and tomorrow also a few more in the region.

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Eight straight days of declines for the Aussie market, but most sectors still rose in April.

Good afternoon, I'm Steve Daglian.

I'm Laura Bessarati.

It's Thursday, the 30th of April.

Welcome to the CommSec Market Update.

I was going to ask you how long it took to find that stat, because for me too, I had the same statistic.

That's right.

It did take a long time.

So that means the market has basically shed around 3.4% of its value over that losing streak as well.