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CommSec Market Update

Market Close 18 August 23: Real estate on top and telcos on bottom

18 Aug 2023

Description

The market has closed flat today (or up, depending on who you ask!) gaining just 0.03%. 6 of the 11 sectors saw losses, with real estate coming out on top and telco’s on bottom. Imugene was down after a capital raise and investment fund Magellan was the top performer today. Next week we have profits from BHP, the biggest stock on our market and a big meeting over in the US. 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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