Steve Daghlian

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The losing streak remains intact in a quiet start to the week for the ASX.

Good afternoon, I'm Steve Daglian.

I'm Laura Bassarati.

It's Monday the 27th of April.

Welcome to the ComSec Market Update.

That's right.

And look, volumes were looking a little light not too long ago, but now they've actually picked up a bit.

So it's not that quiet, really, as far as the amount of money flowing through markets, despite there being, as we pointed out,

a few holidays here and there.

As you rightfully mentioned, though, just a slight decline of roughly a quarter of a percent.

But we are sitting at approximately a three-week low at the moment.

It certainly has taken the shine off what it was that very strong gain that we had at the start of April.

So we've only got three sessions now left in April before things wrap up.

And at the moment, we're up about 3.3% this month.

Now, at the peak of the month, we're actually up by almost 6%.

So we came off the ball a bit.

It's not really surprising.

The US-Iran negotiations collapsed over the month, essentially.