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Weekly Wrap 18 March
The Aussie share market soared this week, rising 2.65% (Mon-Thu), supported by the US Federal Reserve’s decision to raise rates for the first time since 2018.
In this week’s wrap, Sophia covers:
- (1:05) Uniti Group (ASX:UWL) gaining 30% on news of a takeover offer
- (2:03) Agri-business Elders (ASX:ELD) jumping to a decade high
- (2:51) Why major mining stocks & energy producers lost ground
- (3:52) The most traded stocks by Bell Direct clients
- (4:13) What the Fed’s rate hike decision means for Australia
- (5:20) Two economic news items to watch out for
