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The Aussie share market fell on Monday as failed US-Iran talks reignited Middle East tensions, lifting oil prices and weighing on investor sentiment. The ASX 200 slipped 0.4% with tech stocks hardest hit, while energy and defensive sectors gained. A2 Milk plunged 12% after downgrading profit forecasts due to supply chain disruptions in China. Investors will watch US earnings, jobs data, and further geopolitical developments this week. 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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