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Weekly Wrap 18 August

Grady Wulff
August 18, 2023

The number of companies reporting results this week increased. The outlook for the healthcare sector seems to be slowing whilst in the technology sector, Life360 (ASX:360) surprised investors on the upside. The broader Aussie share market tumbled 2.64% (Mon-Thurs) as Chinese economic data and downgrade warnings for US banks weighed on sentiment.

In this week’s wrap, Grady covers: 

  • (0:20) The major name sold off by investors
  • (1:12) Why investors have fallen out of love with the healthcare sector
  • (2:00) Margin contraction & income-investing
  • (2:33) Life360’s (ASX:360) strong results
  • (3:35) NAB’s (ASX:NAB) results and the crowd goes mild
  • (4:10) Key takeaways for the week that was
  • (5:36) Best performers
  • (6:11) Most traded stocks & ETFs by Bell Direct clients
  • (6:41) Three economic news items to watch out for

Read transcript article here.

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