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Weekly Wrap 6 September

Bell Direct
September 6, 2024

The Australian market has just weathered a turbulent reporting season for FY24, with many companies struggling under the weight of rising interest rates and inflationary pressures. Despite a handful of standouts, the overall outlook for FY25 is cautiously pessimistic. As we dive deeper into the key takeaways and predictions for the coming year, it’s clear that businesses will need to adapt to a more challenging economic landscape.

In this week’s wrap, Grady covers:

  • (0:46): how weakening commodity prices influenced the resources sector
  • (1:37): why dividends were on the chopping block
  • (3:08): how retailers performed this August
  • (4:36): how the ASX200 performed this week
  • (5:19): the most traded stocks by Bell Direct clients
  • (5:45): economic news items to watch out for.

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