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CommSec Market Update

Market Close 05 May 23: Market snaps 3 day losing streak

05 May 2023

Description

Stevie and Laura are back for the weekly market closing update. Today, the ASX 200 is back out of a 3 day losing streak. They recap how the market performed over the course of the week. Banks were in the spotlight with MQG and ANZ releasing profit result. AI company Brainchip was today's winner despite a rocky past and Medibank was in the news due to the data breach last year. Finally, they give updates on the week ahead.    The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

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