Market wraps 21st June 2024
Weekly Wrap 21 June
Signs from China were mixed this week, with steel demand on the rise, a positive sign for the world’s second-largest economy. However, other indicators like industrial production and house prices are lagging. Meanwhile, the ASX saw a modest gain this week, thanks to strong performances in utilities, financials, and consumer discretionary stocks.
In this week’s wrap, Grady covers:
- (0:10): global market movements this week
- (1:03): industrial production in China
- (2:03): the impact of China’s outlook on global markets
- (3:40): the best & worst performing stocks on the ASX200
- (4:28): the most traded stocks by Bell Direct clients
- (4:54): economic data to watch out for.