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CommSec Market Update

Market Close 19 Aug 25: The largest fall on record for CSL shares

19 Aug 2025

Description

One stock accounted for almost of the declines across the ASX today.  Steve joins the podcast to reflect on the end to the recent winning streak bringing the first decline in a while.  He discusses the imminent US rate cut decision, the Aussie sectors with healthcare seeing substantial declines amid CSL shares dropping more than 16%.  Seek was one of the winners today following their latest results, and Steve looks to the day ahead with CBA set to go ex-dividend, and major US retail stocks expected to release their earnings data as the week continues. 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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