Friday 21 June 2024

The Stock Network: Weekly stockwrap

In a week of central bank meetings the benchmark ASX 200 index rose 1.3% – the RBA kept Aussie rates on hold. The energy surged while staples were the worst performers. After the market closed on Friday The Star Entertainment Group (ASX:SGR) announced its CEO Robbie Cooke is leaving. This comes after a rocky period for the troubled casino group. Also making news defence stock Electro Optic Systems (ASX:EOS) raised $40 million this week to accelerate growth. With The Swiss National Bank cutting rates this week… investors are getting hopeful the RBA could be getting closer to doing the same. #asx #stocks #investor #investment #australianstockhorse #australianstockexchange #investing #stockshow #tsnweeklywrapup

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