Between the Bells
Between the Bells
Bell Direct
Weekly Wrap 18 March
5 minutes Posted Mar 18, 2022 at 12:00 am.
The Aussie share market soared this week, rising 2.65% (Mon-Thu), supported by the US Federal Reserve's decision to raise rates for the first time since 2018.In this week’s wrap, Sophia covers:
Uniti Group (ASX:UWL) gaining 30% on news of a takeover offer
Agri-business Elders (ASX:ELD) jumping to a decade high
Why major mining stocks & energy producers lost ground
The most traded stocks by Bell Direct clients
What the Fed's rate hike decision means for Australia
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The Aussie share market soared this week, rising 2.65% (Mon-Thu), supported by the US Federal Reserve's decision to raise rates for the first time since 2018.In this week’s wrap, Sophia covers:(1:05) Uniti Group (ASX:UWL) gaining 30% on news of a takeover offer(2:03) Agri-business Elders (ASX:ELD) jumping to a decade high(2:51) Why major mining stocks & energy producers lost ground(3:52) The most traded stocks by Bell Direct clients(4:13) What the Fed's rate hike decision means for Australia(5:20) Two economic news items to watch out for