Market Close 22 August 23: Profit result avalanche

22/08/2023 12 min
Market Close 22 August 23: Profit result avalanche

Listen "Market Close 22 August 23: Profit result avalanche"

Episode Synopsis

The market finished almost flat day today, gaining only 6 points. The sectors were quite mixed today, with tech being a clear winner and consumer staples having the worst declines. Coles was down despite an increased profit, which dragged down the sector and tech company Megaport was up despite a drop in profits. Looking ahead, we have some flash PMI’s ⚡️ 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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