Market wraps 9th September 2022
Weekly Wrap 9 September
The Aussie share market gained 0.29% this week (Mon-Thu), boosted by the technology sector. The RBA also raised the cash rate to 2.35%, raising consumer concerns about the rising cost of living.
In this week's wrap, Grady covers:
- (0:29) The increase on Australian home loans
- (0:51) Whether the building boom is over
- (1:15) When Australians will feel the full brunt of the recent rate hike
- (3:52) Why energy stocks were sharply sold off
- (4:45) The most traded stocks & ETFs by Bell Direct clients
- (5:09) Four economic news items to watch out for