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Weekly Wrap 23 February

Grady Wulff
February 23, 2024

As we end week 3 of the local reporting season calendar, 159 companies have reported their earning results, with 57 beating expectations, 60 meeting expectations and 42 missing expectations. 22 companies have been upgraded by brokers, while 26 were downgraded, mostly due to slowing earnings growth and cost management inefficiencies across the first half.

So, what were the market movers this week? In this week’s wrap, Grady covers:

  • (0:38): Pilbara Minerals (ASX:PLS) facing industry challenges as lithium prices fall
  • (1:42): retail blues with Woolworths’ (ASX:WOW) turbulent week
  • (2:38): NAB’s (ASX:NAB) fall in cash earnings but steady share price
  • (3:20): why investors disembarked their investment in Qantas (ASX:QAN)
  • (5:27): market movements this week
  • (6:35): the most traded stocks & ETFs by Bell Direct clients
  • (7:03): economic data to watch next week.

Read the transcript here

Morning Bell 24 February

Sophia Mavridis
February 24, 2023

Morning Bell 23 February

Grady Wulff
February 23, 2023

Morning Bell 22 February

Grady Wulff
February 22, 2023

Morning Bell 21 February

Sophia Mavridis
February 21, 2023

Morning Bell 20 February

Grady Wulff
February 20, 2023

Weekly Wrap 17 February

Grady Wulff
February 17, 2023

Morning Bell 17 February

Grady Wulff
February 17, 2023

Morning Bell 16 February

Sophia Mavridis
February 16, 2023

Closing Bell 15 February

Grady Wulff
February 15, 2023