Market Close 06 September 23: Oil prices gush higher

The Aussie market didn’t have a great session today. Energy was the only sector to lift, while banks and miners weighed most. Higher oil prices and concerns about China were a big weight on markets today. Can and bottle maker, Orora was under the most pressure after raising money to buy a French bottle maker company. Tomorrow, keep an eye on BHP which will be trading ex-dividend – the cut off for those eligible to receive a dividend payment – as it could weigh on the Aussie market given that it’s the largest stock on the ASX. 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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