Market wraps 31st January 2025
Weekly Wrap 31 January
Australian stocks rallied to record highs this week due to easing inflation and positive corporate results, raising hopes for a February rate cut. The upcoming earnings season will reveal the impact of factors like subdued Chinese demand, a weakening Australian dollar, and fluctuating commodity prices on various sectors, including miners, tech, REITs, and consumer discretionary.
In this week’s wrap, Grady covers:
- (0:50): China’s signs of a post- pandemic recovery
- (1:31): what the gold rally means for gold producers
- (2:11): the performance of mining stocks
- (3:30): what to expect this reporting season
- (4:23): how the local market performed this week so far
- (5:11): the most traded stocks & ETFs by Bell Direct clients
- (5:38): economic news items to watch out for.