Market Close 27 Mar 26: ASX posts first weekly rise since conflict began

The Aussie share market edged lower on Friday as investors remained cautious amid ongoing Middle East tensions, with energy stocks outperforming and technology shares under pressure. The ASX 200 is on track for its first weekly gain in four weeks, though still facing its worst monthly performance since June 2022. Market sentiment was influenced by delayed US military action against Iran and fluctuating oil prices, while sectors showed a split performance over the week. Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean. 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.