Glencore makes its ASX debut

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Glencore makes its ASX debut

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Global mining giant rises on first day on ASX

Australian shares fell 0.6 per cent as banks led losses, with CBA down more than 2 per cent after chief executive Matt Comyn told shareholders it could take time for higher rates to bring inflation back to target. SBS Finance Editor Ricardo Gonçalves speaks with Damien Boey, portfolio manager at Wilson HTM, about investor sentiment, rising global rates and Glencore’s ASX debut. The discussion also explores what investors are being told and where opportunities may lie.

In this episode

Why the ASX fell as banks led the declines, and what may be shaping investor sentiment
What higher interest rates and international shocks could mean for markets
Why Glencore has joined the ASX and what investors might make of the listing
Where the market opportunities may lie now

SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.

Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.

For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

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