Wednesday 26 June 2024

The Stock Network: Weekly stockwrap

Australia’s ASX 200 experienced its heaviest weekly fall since September amid fading hopes for interest-rate cuts and growing worries over the conflict in the Middle East. Most sectors were in the red this week with real estate performing the worst and utilities ending higher. Seven West Media (ASX:SWM) CFO Jeff Howard succeeds current CEO James Warburton, who resigns amid controversies. DroneShield (ASX:DRO) is raising $75 million to fund growth. It says it’s looking to capitalise on strong momentum in the first quarter #ASX #ASXStocks #stocks #investor #investment #australianstockhorse #australianstockexchange #investing #stockshow #sevenwestmedia #droneshield #interestrates

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