Steve Daghlian
๐ค SpeakerAppearances Over Time
Podcast Appearances
So there's plenty to watch.
In addition to this, we've also got a few bits and pieces tomorrow locally from companies like IGO, Mineral Resources, Origin and a few others out with some quarterlies and dividend payments from Domino's.
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The market can't shake off a losing streak as most sectors drag the ASX 200 lower.
Good afternoon, I'm Steve Daglian.
It's Tuesday the 28th of April.
Welcome to the ComSec Market Update.
And we're down about 2.5% over that losing streak as well.
The market has sank to a three-week low in the process.
We've only got a couple of days left now in April.
And the gains that we've had so far this month are beginning to not look quite as impressive.
In the opening week, I mean, the market was up almost 6%.
Now we're up about 2.7% in April.
So the gains have largely halved over the last couple of weeks.
Could be worse, though.
And I think markets at the moment are just a little cautious, which I think is fair enough.
There is a bit at stake this week from a bunch of central bank meetings, five of the world's largest companies meeting in the next couple of days, heaps of mining and energy stocks in Australia out with their quarterly results, and then inflation data in the next day as well.
Obviously, this lift in energy prices has been helpful for the energy sector.