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Weekly Wrap 17 March
Between the Bells
English - March 17, 2023 03:00 - 6 minutes - 4.9 MBInvesting Business online share trading trading ausbiz asx200 investing economics Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Morning Bell 13 March
Next Episode: Weekly Wrap 24 March
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(0:38) The Silicon Valley Bank collapse(1:30) The US$10 billion in deposits withdrawn from Signature Bank(2:22) Credit Suisse's liquidity issues(4:48) The best performing stocks in the ASX200(5:46) The most traded stocks & ETFs by Bell Direct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