Market wraps 24th April 2020
Weekly Wrap 24 April
Though it's been a negative week for the Aussie share market, light seems to be at the end of the tunnel for some stocks. With the volatility index falling from its 9-year high to a 7-week low, the market is seemingly more tame. However with immediate threats subsiding, the question of when the consequences of COVID-19 will be fully realised is now on the table.
In this week’s wrap, Jessica covers:
- The sector report: defensive sectors hold fast (0:43)
- The stock report: as gold spikes, Regis Resources (ASX:RRL) sees an upturn (1:13)
- Gold shines on ETF leaderboard (3:49)
- Are we truly headed for the deepest recession in modern history? (5:26)
- Stock idea: a2 Milk (ASX:A2M) posts positive 3rd quarter results (5:52)