FNArena’s Weekly Insights – August 21 2023
In this week’s Weekly Insights:
-Resilience Shines, Forecasts Slide
-No Weekly Insights Next Week
By Rudi Filapek-Vandyck, Editor
August Signals: Resilience Shines, Forecasts Slide
August is well passed the half-way mark, but in Australia the all-important week four in the local results season has only just started.
In terms of numbers of corporate results updates, this week running will more than double the total thus far. In terms of index weight, around 50% in market capitalisation has now reported with this week scheduled to add an additional 45% in index weight terms.