Between the Bells
Between the Bells
Bell Direct
Weekly Wrap 6 August
8 minutes Posted Aug 6, 2021 at 1:00 am.
Despite rising COVID-19 cases and a falling iron ore price, the Aussie share market rose 1.6% (Mon-Thu), its best gain in 11 weeks. The electric vehicle (EV) mega trend continued to make headlines... Could EV stocks continue to gain momentum and overtake sentiment more recently reserved for the buy now pay later (BNPL) industry?  In this week’s wrap, Jessica covers:
The Tech sector's huge 11% boost this week
The iron ore price falling into bear market territory
Afterpay (ASX:APT) rising 29% on plans it will be taken over by US giant, Square
Why the lithium sector is worth taking a closer look at
Why upside is ahead for the Aussie share market
Next week's focus on share buy backs and dividends
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Despite rising COVID-19 cases and a falling iron ore price, the Aussie share market rose 1.6% (Mon-Thu), its best gain in 11 weeks. The electric vehicle (EV) mega trend continued to make headlines... Could EV stocks continue to gain momentum and overtake sentiment more recently reserved for the buy now pay later (BNPL) industry?  In this week’s wrap, Jessica covers:  (0:37) The Tech sector's huge 11% boost this week(1:29) The iron ore price falling into bear market territory(2:22) Afterpay (ASX:APT) rising 29% on plans it will be taken over by US giant, Square(3:58) Why the lithium sector is worth taking a closer look at(4:54) Why upside is ahead for the Aussie share market(6:07) Next week's focus on share buy backs and dividends(7:29) Three key economic news items to watch next week