Between the Bells
Between the Bells
Bell Direct
Weekly Wrap 26 February
5 minutes Posted Feb 26, 2021 at 1:00 am.
This week marked, not only the last but, the busiest week this reporting season. Despite most companies beating expectations, the Aussie share market dropped 1.2% this week (Mon-Fri) after the 10-year bond yield jumped 1.6% to a one-year high.In this week’s wrap, Jessica covers:
Why the market dipped despite a good report card
The Energy sector leading the way, rising 5%
What caused the Tech sector to see its biggest drop in a year
The economic forecast: what to expect in the future
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This week marked, not only the last but, the busiest week this reporting season. Despite most companies beating expectations, the Aussie share market dropped 1.2% this week (Mon-Fri) after the 10-year bond yield jumped 1.6% to a one-year high.In this week’s wrap, Jessica covers:(0:16) Why the market dipped despite a good report card(0:45) The Energy sector leading the way, rising 5%(1:31) What caused the Tech sector to see its biggest drop in a year(2:16) The economic forecast: what to expect in the future(3:06) The stock upgrades and downgrades following reporting season