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CommSec Market Update

Market Close 07 Oct 25: Aussie stocks tread water near record highs

07 Oct 2025

Description

ASX200 down ~1.4% as markets stay cautious amid US government shutdown and mixed tech news. Gold miners lead gains, with Greatland Resources +10% and gold sector up 20‑24% month‑on‑month. DroneShield still up 700% YTD despite 3% dip. Financials, materials, utilities marginally positive; consumer discretionary and telecom fall over 1%. Upcoming Fed, ECB, RBNZ speeches and NZ rate‑cut expected. 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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