Market wraps 20th May 2022
Weekly Wrap 20 May
The Aussie share market fell 0.15% this week (Mon-Thu), with industry sectors mixed. The consumer staples sector took the biggest hit, down 3.6%, while the tech sector managed to gain 0.5% after suffering major losses recently.
In this week’s wrap, Sophia covers:
- (0:48) The wage price spiral
- (1:50) Why biotech company Imugene (ASX:IMU) gained the most
- (2:39) A stock to consider if you want to buy into tech
- (3:03) Infomedia (ASX:IFM) jumping 29% after acquisition proposal
- (4:10) The most traded stocks & ETFs by Bell Direct clients
- (4:46) One economic news item to watch out for