How good news on the Australian economy will boost the share market - News Summed Up

How good news on the Australian economy will boost the share market


Australians with supermarket and bank shares are set to get richer this week if numbers showing the end of a deep recession are better than anticipated. Australians with supermarket and bank shares are set to get richer this week if numbers showing the end of a deep recession are better than anticipated. Australia's supermarket giants have made steady gains since the share market bottomed out in March and shoppers engaged in the panic buying of toilet paper. Australia's supermarket giants have made steady gains since the share market bottomed out in March and shoppers engaged in the panic buying of toilet paper. Bank shares have rallied much more spectacularly during the past three weeks as investors anticipated a strong economy recovery in the September quarter.


Source: Daily Mail November 30, 2020 01:12 UTC



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