5th February 2021
Weekly Wrap 5 February
The market hit a 12-month high this week, rising 3% (Mon-Fri 10:30am) - that's the ASX200's best gain in 13-weeks. In keeping with tradition, better than expected company news, earnings results, and economic stimulus have driven this surge. But with a marked increase in retail investor trading in small and mid-sized companies, caution is advised...
In this week’s wrap, Jessica covers:
- (0:22) The soaring market. All sectors doing well except Utilities
- (0:55) Credit Corp (ASX:CCP) rising 18%, after a good report card
- (1:27) Home loans reaching record highs in December
- (2:03) What'll be hot next week - key earnings results
- (3:00) Two oil stocks to watch
- (4:08) Where to be cautious amongst the retail investor buying frenzy