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CommSec Market Update

Market Close 10 Jan 25: The big 4 banks drag on the Aussie market

10 Jan 2025

Description

The session started optimistically but has fallen into negative territory today.  Laura and Stevie unpack this performance, with materials the only sector seeing improvements.  The big 4 banks have played their part in dragging on the market and so they discuss this, but also acknowledge that the market is on track to see improvements overall across the week.  Interest rate movements are back in the conversation as are Star Entertainment and Mesoblast. 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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