CommSec Market Update

• Market Close 24 Oct 25: Trade jitters wipe out gains

  The Aussie market lost a little ground on Friday, slipping 0.1% after Donald Trump ended trade talks with Canada. Still, the ASX200 managed a small weekly gain and remains firmly higher for October and the year so far. Tech stocks led the way, while healthcare and financials dragged. Pilbara Minerals and Liontown jumped on upbeat quarterly results, Dusk rose on stronger sales, and Mount Gibson tumbled after shutting an ageing WA mine. Energy stocks kept their five-day winning streak going, and all eyes now turn to next week’s major US tech earnings and Australia’s quarterly CPI figures. 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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• Morning Report 24 Oct 25: Stocks rise as US confirms a Trump-Xi meeting

  Wall Street is attempting to rebound from Wednesday’s sell-off as the US confirms a meeting between Donald Trump and Xi Jinping aimed at easing trade tensions. US bond yields rose ahead of consumer price index data, while in commodities, oil surged 5% after Washington sanctioned Russian firms and gold gained on renewed geopolitical risk. In company earnings news, Tesla shares reversed earlier losses after results, Honeywell lifted its outlook on aerospace strength, and Las Vegas Sands led the S&P 500 on gains in Singapore. Back home, the ASX is set to edge higher to close out the week, with the Aussie dollar firming against the greenback on Chinese stimulus hopes. 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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• Market Close 23 Oct 25: Energy stocks jump as Trump threatens sanctions

  A mixed day for the Aussie market, with the ASX200 finishing mostly flat, up just 3 points. Energy names were the stars, jumping more than 3% as oil prices surged following new US sanctions on Russian oil giants. Woodside climbed over 4% after announcing a strategic partnership, and Karoon Energy soared almost 10% on its quarterly update. Gold miners found some relief after yesterday’s heavy losses, with Regis Resources up 5%, while Fortescue gained 2.4% after posting record iron ore shipments. Super Retail Group slipped despite higher sales, and ASX shares eased after its AGM. Tonight, investors will be watching US jobs data and corporate results from Intel and Ford, before RBA Governor Michele Bullock speaks in Sydney tomorrow. 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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• Morning Report 23 Oct 25: ASX to fall as Wall Street slumps amid tech sell-off

  Wall Street fell overnight, led by a sharp drop in Netflix shares after disappointing earnings and a tax hit, marking its biggest fall since 2022. After hitting record highs yesterday, the Dow Jones slipped around 300 points amid renewed trade fears, while Texas Instruments declined on signs of a slowing chip recovery. Meanwhile, tariff concerns resurfaced, with the US reportedly considering broad software curbs on China and new duties looming over Barbie this Christmas. In Europe, L’Oréal and Hermès slipped, weighing on regional markets. In commodities, aluminium climbed to its highest level since June 2022, while gold extended its rout in a volatile pullback. Back home, Australian shares are set to retreat on Thursday, and the Aussie dollar has dipped against a strengthening US dollar. 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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• Market Close 22 Oct 25: ASX loses shine as precious metals retreat

  The ASX200 fell about 0.8% (≈ 67 points), ending its run with a weekly decline. A 6.3% drop in gold prices drove the materials sector down over 3%, with gold miners shedding 8.5%. Energy rose 1.3% after Woodside's update, while Adairs gained 7% and Weebit Nano surged 19%. Looking ahead, US earnings, data and a slate of AGMs keep markets on edge. 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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