Market wraps 23rd June 2023
Weekly Wrap 23 June
The Aussie share market fell 0.77% this week (Mon-Thu) as the recent rally for information technology stocks lost steam with the sector closing 3.13% lower over the four days. Investors bought into consumer staples stocks which are generally more likely to hold their value in a high interest rate, high inflation environment.
In this week's wrap, Grady covers:
- (0:34) Understanding the EV movement
- (1:04) Updates on Rio Tinto (ASX:RIO) & BHP Group (ASX:BHP)
- (2:46) Updates on Delta Lithium (ASX:DLI) & Talga Resources (ASX:TLG)
- (3:57) Investing in the battery metals sector
- (4:33) Best performing stocks in the ASX200
- (5:35) The most traded stocks & ETFs by Bell Direct clients
- (6:08) Three economic news items to watch out for
Read the article here.