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Market Close 10 Oct 25: Miners drag ASX to weekly loss

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Manage episode 512738884 series 2364476
Content provided by CommSec. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CommSec or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Despite more green shoots than red across the market, the ASX 200 couldn’t keep its momentum, slipping for a fourth time in five sessions. A 2% fall in materials proved too heavy to shake off, wiping out Thursday’s gains as gold and iron ore prices cooled. Tech and retail names kept things interesting — JB Hi-Fi, Flight Centre and Temple & Webster all in the winner’s circle — while Lynas Rare Earths, Guzman y Gomez and the gold miners weighed on trade.

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.

  continue reading

1252 episodes

Artwork
iconShare
 
Manage episode 512738884 series 2364476
Content provided by CommSec. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CommSec or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Despite more green shoots than red across the market, the ASX 200 couldn’t keep its momentum, slipping for a fourth time in five sessions. A 2% fall in materials proved too heavy to shake off, wiping out Thursday’s gains as gold and iron ore prices cooled. Tech and retail names kept things interesting — JB Hi-Fi, Flight Centre and Temple & Webster all in the winner’s circle — while Lynas Rare Earths, Guzman y Gomez and the gold miners weighed on trade.

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.

  continue reading

1252 episodes

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