Weekly Wrap 28 February
Update: 2025-02-27
Description
In the final week of reporting season, the ASX200 declined 0.34%, as technology stocks tumbled, while utilities and financial stocks offset some of the local market gains. This reporting season, 24 companies released their financial results, with 86 beatings expectations, 83 meeting expectations and 75 missing expectations. 37 companies have been upgraded by brokers, while 42 have been downgraded.
In this week’s wrap, Sophia covers:
- (0:42 ): why Qantas continues to soar as turbulence rocks other airlines
- (1:13 ): Light & Wonder’s share price reaching records
- (1:55 ): differing investor reactions to the results of Woolworths & Coles
- (2:56 ): the best & worst performing stocks & ETFs this week
- (3:58 ): the most traded stocks by Bell Direct clients
- (4:22 ): economic news items to watch out for.
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