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Market Close 05 Mar 26: ASX rebounds after back-to-back declines

Market Close 05 Mar 26: ASX rebounds after back-to-back declines

CommSec Market Update
9 min
5 Mar
Mark as played
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About the episode

The Australian share market rebounded on Thursday, recovering roughly half of the previous session's losses as investors shrugged off geopolitical tensions and bought back into oversold stocks. Technology led the gains with a strong four percent rise, while energy stocks recovered despite earlier weakness. The positive lead came from Wall Street, where major US indices rose on signs of economic resilience. Investors are now looking ahead to US jobs data and monitoring ongoing developments in the Middle East. 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.