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Weekly Wrap 2 August

Bell Direct
August 2, 2024
Australia’s corporate landscape is facing a perfect storm. Rising costs, fierce competition, and softening economic conditions are putting pressure on companies across the board. The upcoming earnings season will reveal the full extent of these challenges. Discover the key trends and potential investment opportunities in this week’s video.
In this week’s wrap, Sophia covers:
  • (0:11): how economic headwinds are impacting corporate profits
  • (0:41): why the market’s attention is shifting towards FY25
  • (1:32): why sector performance is expected to diverge
  • (2:10): how the ASX200 performed this week so far
  • (3:13): the most traded stocks & ETFs by Bell Direct clients
  • (3:43): economic news to watch out for next week.

Read the transcript here

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