Sonder Spotlight

Your weekly roundup of market moves and investor insights đź’°

Author

Sonder Management
August 17, 2024 • Reading Time: 3 minutes

ASX Markets

  • The S&P/ASX200 closed up on Friday, gaining 105.60 points or 1.34% to 7,971.10, crossing above its 20-day moving average.

  • Top performers included Zip Co Limited (+13.47%) and James Hardie Industries Plc (+6.19%).

  • Over the last five days, the index has gained 2.49%.

  • 8 of 11 sectors are higher over the last week.

  • Consumer Staples was the top-performing sector, up 0.67% for the day and 2.21% over the past five days.

  • The index is currently 2.18% below its 52-week high.

Sector map calculated by performance for last 7 days.

S&P 500 Weekly Risers & Fallers

1 week performance of Standard and Poor's 500 index stocks categorised by sectors and industries. Size represents market cap.

Today in History

17th August 1945
Korea is divided into North and South Korea along the 38th parallel.

Headline Roundup

Monsters of Rock: “Well timed” – how analysts reviewed Pilbara Minerals’ latest lithium deal

Lithium prices copped another hit yesterday, with weak chemical pricing prompting lower bids according to price agency Fastmarkets.

Stockhead

CommBank posts $9.48bn profit, cost of living pushing up mortgage arrears

Commonwealth Bank has revealed loan arrears are on the rise, as it posts a $9.48bn statutory profit for the full year.

Herald Sun

2023 was a record breaker for maiden resources in Oz and these ones caught our eye

A record 77 maiden resource estimates were announced in Australia in 2023. 

Stockhead

ASX Small Caps Weekly Wrap: The ASX bounced back like an exonerated executive this week. Thanks, Wall Street.

The ASX 200 put on about 3.5pc this week after a strong recovery.

Stockhead

What to Watch

Top Tweets

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