Weekly Wrap 18 March

18/03/2022 5 min
Weekly Wrap 18 March

Listen "Weekly Wrap 18 March"

Episode Synopsis

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