Market Close 29 Apr 25: Aussie market reaches an 8-week high
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About the episode
The market has extended the winning streak today for a fourth consecutive session. Steve is solo to unpack this performance with the market going from strength to strength and reaching the best level in around 8 weeks. Steve discusses the data that is expected tomorrow that could influence local rate cut discussions and looks at international markets with the US also expecting a busy week amid jobs updates and earnings data. Consumer staples was the only sector to not push higher, and Steve discusses the stocks that moved the most including Boss Energy and Mineral Resources. 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.
