Market Close 01 Sep 25: Rough start to September for Aussie stocks

The Aussie market kicked off September on the back foot, with the ASX200 slipping to a two-week low as tech stocks dragged and major banks fell. Gold miners bucked the trend, surging on a stronger gold price, while Fortescue dropped after trading ex-dividend. Harvey Norman jumped on a profit beat and IDP Education extended its rebound, but Mesoblast and Mineral Resources weakened. With a wave of companies set to trade ex-dividend this week, plus key local economic data and US jobs numbers ahead, markets face a busy start to the new month. 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.