Market wraps 19th November 2021

Weekly Wrap 19 November

The Aussie share market declined 0.9% (Mon-Thu). Financials took a hit after the Commonwealth Bank (ASX:CBA) released a disappointing Q1 result, while wage growth saw its strongest annual rise since March 2020.

In this week’s wrap, Sophia covers:

  • (0:25) Key takeaways from the latest wage growth data 
  • (2:20) Nickel Mines (ASX:NIC) is gaining 9% as production output is brought forward
  • (3:30) Why CBA's report card saw its share price tumble 10%
  • (4:23) What stocks Bell Direct clients were trading this week
  • (5:15) An update on Chinese equities and the Evergrande situation
  • (6:35) Four economic news items to watch out for