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	Podcast:		CommSec
	Episode:		Market Close 23 Mar 26: ASX sinks to 10-month low
	Category:		Business
	Duration:		00:09:40
	Publish Date:		2026-03-23 05:45:00
	Description:		The Aussie share market tumbled to a 10-month low as escalating US-Iran tensions sparked a global sell-off. The ASX 200 briefly entered correction territory, dragged down by a 2.4% fall in the materials sector, while energy stocks bucked the trend with a 1.3% gain. Miners including BHP, Rio Tinto and Fortescue posted double-digit losses this month, and gold stocks plunged 32% from record highs. The financial sector also slipped, weighed by the major banks. Investors remain on edge ahead of key inflation data and further geopolitical developments. 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. See omnystudio.com/listener for privacy information.
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