Market wraps 8th September 2023
Weekly Wrap 8 September
With reporting season for August 2023 coming to an end, investors are being paid their dividends. Investors received $36.8 billion last financial year compared to $29 billion this financial year from the largest 100 ASX listed companies which represented a 21.2% reduction. We take a look at the companies that disappointed and those that surprised.
In this week's wrap, Grady covers:
- (0:31) dividend cuts and increases,
- (1:46) why Accent Group (ASX:AX1) remains a key pick for Bell Potter,
- (3:06) Bendigo & Adelaide Bank’s (ASX:BEN) strong dividend yield,
- (4:06) the Pilbara Minerals (ASX:PLS) sell-off,
- (4:47) Wesfarmers’ (ASX:WES) revenue growth,
- (6:46) best performing stocks in the ASX200,
- (7:33) the most traded stocks & ETFs by Bell Direct clients, and
- (8:04) five economic news items to watch out for.
Read the article transcript here.