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Market wraps 30th August 2024

Weekly Wrap 30 August

ASX heavyweights released results this week that painted a mixed picture about the outlook for FY25. Over August, 275 companies released results, with 85 beating expectations. From soaring profits to unexpected setbacks, join Grady as she delves into the details and analyses the implications for investors.

In this week’s wrap, Grady covers:

  • (0:37): how Wesfarmers shares declined following strong results
  • (2:00): why Qantas’ share price ran into turbulence
  • (2:51): what caused mining giant Mineral Resources to tumble
  • (4:52): how the market performed this week so far
  • (5:39): the most traded stocks & ETFs by Bell Direct clients
  • (6:06): economic data to watch out for.