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Weekly Wrap 5 February

Jessica Amir
February 5, 2021

The market hit a 12-month high this week, rising 3% (Mon-Fri 10:30am) – that’s the ASX200’s best gain in 13-weeks. In keeping with tradition, better than expected company news, earnings results, and economic stimulus have driven this surge. But with a marked increase in retail investor trading in small and mid-sized companies, caution is advised…

In this week’s wrap, Jessica covers:

  • (0:22) The market soars, so do all sectors but one – Utilities
  • (0:55) Credit Corp (ASX:CCP) rising 18%, after a good report card
  • (1:27) Home loans reaching record highs in December
  • (2:03) What’ll be hot next week – key earnings results
  • (3:00) Two oil stocks to watch
  • (4:08) Where to be cautious amongst the retail investor buying frenzy

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