Weekly Wrap 5 February

05/02/2021 5 min
Weekly Wrap 5 February

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Episode Synopsis

 The market hit a 12-month high this week, rising 3% (Mon-Fri 10:30am) - that's the ASX200's best gain in 13-weeks. In keeping with tradition, better than expected company news, earnings results, and economic stimulus have driven this surge. But with a marked increase in retail investor trading in small and mid-sized companies, caution is advised...In this week’s wrap, Jessica covers:(0:22) The soaring market. All sectors doing well except Utilities(0:55) Credit Corp (ASX:CCP) rising 18%, after a good report card(1:27) Home loans reaching record highs in December(2:03) What'll be hot next week - key earnings results(3:00) Two oil stocks to watch(4:08) Where to be cautious amongst the retail investor buying frenzy