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CommSec Market Update

Market Close 23 August 23: Why your pizza just got cheaper?

23 Aug 2023

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The market finished higher today, regaining some of the losses from earlier in the week. 5 of the 11 sectors finished higher, consumer staples came out on top after being on the bottom just yesterday and tech had the biggest losses, declining by more than 5%. Domino's was on top today after releasing their profit results and Wisetech was down almost 20%, causing the tech sector to have its worst day of the year so far. Coming up, the big Jackson Hole event in the U.S. may move markets  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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