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Market wraps 2nd October 2020

Weekly Wrap 2 October

With the impending U.S. election, and COVID-19 cases rising in Europe, October is likely to be the bumpiest month yet. We saw the Aussie share market fall 1.5% (Mon-Thu), as fund managers and investors adjusted their portfolios, selling down defensive sectors and buying into tech.

In this week’s wrap, Jessica covers:

  • (0:20) The revolving door of sectors: Tech up 2.8%, while Utilities and Consumer Staples fall more than 4% each
  • (0:38) Standout stock: Premier Investments (ASX:PMV) rises 12%
  • (1:34) The final countdown - what to expect in Q4 2020
  • (2:34) Fund managers putting cash to work
  • (4:17) Sectors to watch in 2021
  • (4:44) 16 trading ideas worth a look