After a week of having President Trump in power, the Australian share market charged back to within just 1% of regaining its record high. While nine of
Australian shares logged their third consecutive week of gains, rising 1.2% for the week, driven by gains in banks and discretionary stocks. Traders expect lower interest rates following anticipated lower inflation data next week. Financials rose, while discretionary stocks benefited from potential increased consumer spending.
Asian stock markets are trading mixed on Friday, following the positive cues from Wall Street overnight, on hopes some major central banks, including the US Fed will lower interest rates in the first quarter after US President Donald Trump said he will "demand that interest rates drop immediately" in the US to stimulate domestic growth.
The Woolworths Group Ltd (ASX:WOW) share price and A2 Milk Company Ltd (ASX:A2M) share price are in focus in 2024. Here's how you could put a value on them.