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CommSec Market Update

Market Close 26 June 23: Whiskey producer share price sours

26 Jun 2023

Description

The last week of this financial year is here and it has started with the ASX200 dropping for a fourth straight session. Only 2 of the 11 sectors managed to lift. Whiskey producer Lark Distilleries saw their share price drop and Silk Laser was up after agreeing to Wesfarmers purchase offer. Gold was a bright spot after developments in Russia over the weekend which strengthened commodity prices. Looking ahead, inflation and central banks will be in focus this week. 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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