BPO TV

Market wraps 1st November 2024

Weekly Wrap 1 November

The ASX200 declined in October due to a slump in utilities and consumer staples. Key themes this month included volatile oil prices, strong gold prices, and mixed US tech earnings. While Australian headline inflation eased, core inflation remained elevated, impacting the RBA’s rate-setting decisions. 

In this week’s wrap, Grady covers: 

  • (0:11): how the ASX200 performed in October 
  • (1:29): quarterly earnings results released this month
  • (2:42): why the Nasdaq reported a fresh record high 
  • (4:30): the best performers on the ASX200 this week
  • (5:16): the most traded stocks by Bell Direct clients 
  • (5:48): economic news items to watch out for.