Between the Bells
Between the Bells
Bell Direct
Weekly Wrap 30 October
6 minutes Posted Oct 30, 2020 at 1:00 am.
The Aussie share market copped a 3.4% pullback (Mon-Thu) - its biggest weekly fall in six months. With the U.S. election around the corner, and new European COVID-19 lock downs in force, Australian investors have been flicking the risk-off button amid the uncertainty.In this week’s wrap, Jessica covers:
Investors abandoning cyclicals for defensive sectors
Coca-Cola Amatil (ASX:CCL) fizzing up 16%
Light at the end of the tunnel: the end of Australia's recession
Whether interest rates will be cut next week
Why the Aussie share market could rally after the U.S. election
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The Aussie share market copped a 3.4% pullback (Mon-Thu) - its biggest weekly fall in six months. With the U.S. election around the corner, and new European COVID-19 lock downs in force, Australian investors have been flicking the risk-off button amid the uncertainty.In this week’s wrap, Jessica covers:(0:22) Investors abandoning cyclicals for defensive sectors(1:10) Coca-Cola Amatil (ASX:CCL) fizzing up 16%(1:53) Light at the end of the tunnel: the end of Australia's recession(2:18) Whether interest rates will be cut next week(3:29) Why the Aussie share market could rally after the U.S. election(4:37) Potential merger and acquisition stocks to watch, with BUY ratings: Nufarm (ASX:NUF), Southern Cross Media (ASX:SXL) & Computershare (ASX:CPU)