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CommSec Market Update

Market Close 07 Mar 25: Aussie market slumps to 6-month low

07 Mar 2025

Description

It has been a rough day for the Aussie market with 80% of companies in the red.  September 2024 was the last time that the market was at this level and so Laura and Stevie unpack the reasons behind this slump.  Market uncertainty is once again in the conversation as Trump continues to move the goalposts on implementing tariffs, They unpack the performance of each of the sectors with financials and tech taking a knock, and look into the stocks making headlines including Star Entertainment and PolyNovo. 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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