PM 21 Sep 26: ASX treads water as rate hike looms
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Why is the ASX 200 trading flat and what does the cautious sentiment mean for investors?
Алісна продукция. Cautious Monday for the Aussie Share Market with the ASX200 trading water. What are the chances the Reserve Bank raises interest rates next week? And why has Money Manager Perpetual just slumped by more than 13%? Good afternoon, I'm Steve Daglian. It's Monday, the 21st of September. Welcome to the Comsec Market Update. Well, hello everyone, and welcome to a brand new week. It has been a very cautious start to uh the trading week for our share market. So we're almost completely flat at the moment. Earlier in the day, though, we were down by as much as 0.6%. So we've at least improved off those lows. Now it does follow three consecutive weeks of declines for our market. We are down almost 4% this month.
So currently on track to be the second worst month of the year for.
How are oil price movements influencing energy stocks and overall market direction today?
Us and we're only slightly above the 11-week low that we sank to last Tuesday. Now, the US share market was mixed on Friday night, but the Dow Jones actually had its worst week since March. And a lot has happened, of course, in markets from a bond market sell-off, which is pushing uh yields higher to uh higher interest rates from many central banks, which have been raising them recently as well. And even though oil prices have fallen. Fallen by about 1% on Friday night. Oil is still above 100 US dollars per barrel. So we've got oil about 14% higher this month, 70% higher in 2026. And this is just adding fuel to the fire when it comes to inflation concerns. Now, across these sectors today, so I've pointed out that oil prices have come off the boil a bit, at least over the past day.
We are seeing energy stocks. Managing to lift by around half a percent at the moment in what has been a very volatile session actually for energy uh stocks. They were down not long ago and now they've managed to uh sneak into positive territory again. Now the price of oil in Asia trade is down by around two percent, which has been a little bit of a wait, but they've managed to come back a bit in the afternoon. We've got the financials managing to lift about zero point six percent. So they're recovering from early losses and that
What are the key drivers behind Ramelius’s strong performance and its production forecast upgrade?
Is one of the key reasons why the AS6200 is uh largely flat rather than being down roughly half a percent. We've also got healthcare stocks, the defensive area of our market, managing to lift by around half a percent at the moment. And we'll get to a couple of stocks that are standing out in that space. We're seeing consumer discretionary companies down a tad, but that's largely thanks to two of the larger stocks in that sector: West Farmers, which is behind Bunnings and Many other well-known retail brands and Aristocrat Leisure, the poker machine game maker. Many other retailers are actually doing okay. Harvey Norman, JB Hi-Fi, Premier Investments, and Super Retail Group included in that bunch. Now, if we look at some of the winners on the share market today, some of the individual names that are doing quite nicely, one of the best performers is Remelius.
The gold miners up around 6.1%. And it's actually the best performer. On the ASX 200 as we speak. Now, it came out with an update to its forecast. The gold miner now expecting to triple production by 2030, and that is an 11% increase on the prior forecasts, which were made back in October 2025. Cochlea is another winner today. It's managing to lift by around 5.3%, which is actually a solid performance considering it's also X dividend today.
Why did Perpetual plunge over 13% after rejecting the EQT takeover bid?
So when stocks typically trade X div, it means that if you buy shares in Cochlear today onwards, you wouldn't be eligible for that next dividend payment of a dollar thirty per share, which is set to be paid on the 14th of October. So it's quite normal to see share prices decline when they trade X, but uh Cochlear has managed to shake that off. It is going to be a big week for dividend payments as well. So we're going to have over twelve and a half billion dollars set to be paid just over the next five days from the likes of BH. HP, Rio, Woodside, Santos, Telstra, Woolys, and Coal. So they're the big seven essentially that are dominating as far as dividend payments are concerned.
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Chapters
8 chapters
1
Why is the ASX 200 trading flat and what does the cautious sentiment mean for investors?
0:02–0:53
2
How are oil price movements influencing energy stocks and overall market direction today?
0:53–2:08
3
What are the key drivers behind Ramelius’s strong performance and its production forecast upgrade?
2:08–3:23
4
Why did Perpetual plunge over 13% after rejecting the EQT takeover bid?
3:23–4:38
5
Which dividend‑paying stocks are leading gains this week and what payouts are expected?
4:38–5:50
6
What impact could the Middle‑East conflict and oil supply constraints have on global markets?
5:50–6:59
7
How will the upcoming RBA rate decision, jobs data and inflation reports shape the market?
6:59–8:13
8
What should listeners watch for in tomorrow’s Reserve Bank speeches and next week’s market outlook?
8:13–9:41
Speakers
1 identifiedMore from CommSec Market Update
AM 21 Sep 26: ASX set to fall ahead of jobs figures this week
PM 18 Sep 26: Huge week ahead - $12.5B payday meets rate hike countdown
AM 18 Sep 26: Wall Street rebounds as rates remain in focus
PM 17 Sep 26: Bank gains keep ASX positive
AM 17 Sep 26: The Federal Reserve raises rates by 25 bps
PM 16 Sep 26: Markets brace for US rate decision