The Australian share market extended its winning streak on Monday, climbing nearly half a percent to its best level in over five weeks. Energy stocks led gains amid stronger oil prices, while takeover announcements boosted CleanAway and Challenger. Tech stocks faced headwinds following US weakness, but remain a smaller market influence locally. Earnings season takes centre stage this week with major US results and local mining updates ahead.
Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.
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.
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