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Weekly Wrap 7 July

Bell Direct
July 7, 2023

The Aussie share market fell 0.55% this week (Mon-Thu) weighed down by the healthcare sector losing 1.7%, information technology stocks falling 1.66% and the materials sector falling 0.82%. Market volatility was driven this week by outlook for future rate hikes out of the RBA and Federal Reserve alongside recessionary concerns amid signs of slowing economic growth.

In this week’s wrap, Grady covers:

  • (0:11) The IPOs landscape
  • (0:54) The most successful & worst performing IPO in 2023
  • (2:15) Why IPOs are a no-go in 2023
  • (3:51) Key things to consider when investing in IPOs
  • (4:45) Best performing stocks in the ASX200
  • (5:46) The most traded stocks & ETFs by Bell Direct clients
  • (6:21) Three economic news items to watch out for

Read the article transcript here

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