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Weekly Wrap 8 December
The ASX200 advanced 1.42% this week (Mon – Thurs), with real estate and information technology in the lead. The rally came after the RBA announced it’s holdings the cash rate at 4.35%. Most industry sectors posted strong gains, apart from energy and utilities.
As the festive season and new year approach, let’s consider Bell Potter’s latest outlook and stock picks, across three industry sectors – fast moving consumer goods or FMCG, technology and real estate.
In this week’s wrap, Sophia covers:
- (0:30) buying opportunities in the FMCG industry
- (1:36) Bell Potter’s recommendations in the tech sector for 2024
- (2:44) real estate stocks to consider
- (4:52) the best & worst performing stocks on the ASX200
- (5:48) the most traded stocks by Bell Direct clients this week
- (6:28) economic data to watch out for next week.
Read the transcript here.
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