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Market wraps 26th February 2021

Weekly Wrap 26 February

This week marked, not only the last but, the busiest week this reporting season. Despite most companies beating expectations, the Aussie share market dropped 1.2% (Mon-Fri) after the 10-year bond yield jumped 1.6% to a one-year high.

In this week’s wrap, Jessica covers:

  • (0:16) Why the market dipped despite a good report card
  • (0:45) The Energy sector leading the way, rising 5%
  • (1:31) What caused the Tech sector to see its biggest drop in a year
  • (2:16) The economic forecast: what to expect in the future
  • (3:06) The stock upgrades and downgrades following reporting season