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Market Close 21 May 25: The Aussie market hits 13-week high

Market Close 21 May 25: The Aussie market hits 13-week high

CommSec Market Update
9 min
21 May
Mark as played
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About the episode

The Aussie market has continued to push higher today following both the interest rate cut that happened yesterday and talks of further cuts in the coming months.  Stevie is solo to discuss this near 13-week high for the Aussie market, break down local performance with most of the sectors seeing growth, and unpack the recent US market gains.  He talks through the biggest movers today including Nufarm who has seen a drop of around 30% and looks at what could happen to markets in the days ahead. 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.