ASX approaches record high | PM 11 Nov 26

The Australian share market extended its winning streak to a third consecutive day, closing higher after early weakness gave way to a late rally. Technology stocks led gains while financials softened. Life360 bounced back from yesterday's sharp sell-off, becoming the day's top performer. Key data on housing lending and bank earnings dominated company updates, with PEXA and Adairs providing outlooks on market conditions ahead.

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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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.