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Market wraps 18th March 2022

Weekly Wrap 18 March

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