The number of companies reporting results this week increased. The outlook for the healthcare sector seems to be slowing whilst in the technology sector, Life360 (ASX:360) surprised investors on the upside. The broader Aussie share market tumbled 2.64% (Mon-Thurs) as Chinese economic data and downgrade warnings for US banks weighed on sentiment.
In this week’s wrap, Grady covers:
- (0:20) The major name sold off by investors
- (1:12) Why investors have fallen out of love with the healthcare sector
- (2:00) Margin contraction & income-investing
- (2:33) Life360’s (ASX:360) strong results
- (3:35) NAB’s (ASX:NAB) results and the crowd goes mild
- (4:10) Key takeaways for the week that was
- (5:36) Best performers
- (6:11) Most traded stocks & ETFs by Bell Direct clients
- (6:41) Three economic news items to watch out for
Read transcript article here.