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Weekly Wrap 9 February
Reporting season has kicked off and 13 companies released their financial results so far, with 6 beating expectations and 7 meeting expectations.
In this week’s wrap we highlight the results and investor reactions to some key companies. Locally, from Monday to Thursday, the ASX200 fell 0.78%, weighed down by the materials and energy sectors and tracking the heavy losses on global markets.
In this week’s wrap, Grady covers:
- (0:22): how Amcor’s cost controls offset the impact of lower volumes
- (0:56): what’s driving performance of REITs like Centuria Industrial
- (1:28): ResMed exceeding expectations across all key metrics
- (2:11): why Champion Iron’s share price fell
- (3:09): investors impressed by Transurban’s results
- (5:42): the most traded stocks & ETFs by Bell Direct clients
- (6:14): economic data to watch next week.
Read the transcript here
