
Market Updates
A twice-daily podcast from the Marcus Today team, designed for self-directed investors. Stay informed with the latest stock market, financial, and business news, published every weekday just before the market opens and after it closes (AEST).
Market Updates
End of Day Report – Thursday 19 June: ASX closes near flat | CBA record high
The ASX 200 claws back early falls to close down just 8 points to 8524 as CBA hits a new record, up 1.5%. The Big Bank Basket continues higher, sucking in money, WBC up 0.7% and NAB up 0.3% with the Basket up to $284.69 (+1.3). Other financials lacklustre, GQG falling -4.4% on low volumes. REITs better, GMG flat and SCG up 1.1% with industrials mostly weaker, CPU down 1.5%, REA off 0.4% and retail squirming after KMD warning. LOV off 2.8% with PMV down 1.7% and travel stocks also suffering, CTD down 2.3%. Tech stocks eased, WTC off 1.9% despite two new NEDs. The All-Tech Index fell 1.1%. Defensives back in fashion, COL, WOW and WES all better.
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