PM 19 Aug 26: ASX Falls for the 6th Straight Day

The Australian share market extended its longest losing streak since April, with six consecutive days of declines driven by falling US tech stocks and rising oil price concerns. Despite the weakness, the market remains up for the month and year-to-date. Reporting season volatility continues with significant individual stock swings, while healthcare rebounds strongly and financials struggle for a fourth straight session. 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. Check out our Market News page Follow us on:InstagramLinkedInYouTubeTikTok 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.