17th March 2023
Weekly Wrap 17 March
The Aussie share market declined 2.5% (Mon-Thu), led by a 7.2% dive in energy stocks on the back of tumbling commodity prices. The price of oil was down nearly 12% this week, driven by turmoil in the global banking sector. On the flip side Healthcare stocks provided great opportunity for investors, adding 0.74% this week so far.
In this week's wrap, Grady covers:
- (0:38) The Silicon Valley Bank collapse
- (1:30) The US$10 billion in deposits withdrawn from Signature Bank
- (2:22) Credit Suisse's liquidity issues
- (4:48) The best performing stocks in the ASX200
- (5:46) The most traded stocks & ETFs by Bell Direct clients
- (6:21) Two economic news items to watch out for
Read the video transcript here.