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Weekly Wrap 17 March

Grady Wulff
March 17, 2023

The Aussie share market declined 2.5% (Mon-Thu), led by a 7.2% dive in energy stocks on the back of tumbling commodity prices. The price of oil was down nearly 12% this week, driven by turmoil in the global banking sector. On the flip side Healthcare stocks provided great opportunity for investors, adding 0.74% this week so far.

In this week’s wrap, Grady covers:

  • (0:38) The Silicon Valley Bank collapse
  • (1:30) The US$10 billion in deposits withdrawn from Signature Bank
  • (2:22) Credit Suisse’s liquidity issues
  • (4:48) The best performing stocks in the ASX200
  • (5:46) The most traded stocks & ETFs by Bell Direct clients
  • (6:21) Two economic news items to watch out for

Read the video transcript here.

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