Market wraps 20th May 2022

Weekly Wrap 20 May

The Aussie share market fell 0.15% this week (Mon-Thu), with industry sectors mixed. The consumer staples sector took the biggest hit, down 3.6%, while the tech sector managed to gain 0.5% after suffering major losses recently.

In this week’s wrap, Sophia covers:

  • (0:48) The wage price spiral
  • (1:50) Why biotech company Imugene (ASX:IMU) gained the most
  • (2:39) A stock to consider if you want to buy into tech
  • (3:03) Infomedia (ASX:IFM) jumping 29% after acquisition proposal
  • (4:10) The most traded stocks & ETFs by Bell Direct clients
  • (4:46) One economic news item to watch out for