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CommSec Market Update

Market Close 28 Apr 23: ASX 200 snapped 5-day losing streak

28 Apr 2023

Description

In this final day of a month that has proven to be a ‘mixed bag’ across markets, join Steven for this episode of the CommSec Market Update.  While the last couple of weeks have seen some challenges with commodity prices falling, this has proven overall to be the second-best month of the year for the ASX.  Steven reveals the standouts for today including Megaport who saw shares skyrocket almost 40%, and Pilbara Minerals who also saw gains.  Steven looks to the week ahead where interest rates will be front and centre and reveals how the earnings of the major banks may impact the market.   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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