PM 06 Oct 26: ASX up, consumer confidence plummets

6 Oct 2026 · 8:39

Episode PM 06 Oct 26: ASX up, consumer confidence plummets

0:00 8:39

The Australian share market continues its upward trajectory for a third consecutive session, buoyed by strong US leads and solid performance from miners and banks. However, consumer confidence surveys reveal deepening concerns about employment prospects and rising living costs. Tech stocks remain under pressure locally, while property shares rebound. Key developments include a trading halt on Dicker Data pending a material acquisition announcement.

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.

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