Author: openjargon

If you have room for some new exchange-traded funds (ETFs) in your portfolio, then read on!

Listed below are five ASX ETFs that are highly rated right now and could be good options for investors when the market reopens next week.

Here’s what you need to know about them:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first ASX ETF to look at is the BetaShares Asia Technology Tigers ETF. It could be a great option if you’re feeling positive on the long term Asian economic outlook. That’s because it provides investors with super-easy access to many of the best tech stocks from China and the rest of Asia (but not Japan). Many of these are the region’s equivalents of the West’s biggest and best tech companies and appear well-positioned for long-term growth.

BetaShares Global Cybersecurity ETF (ASX: HACK)

Another ASX ETF to consider buying next week is the BetaShares Global Cybersecurity ETF. It provides investors with access to the global cybersecurity sector. And this could be a great place to be right now. That’s because the sector has been tipped to grow materially over the next decade or two due to the rising threat of cybercrime and the shift to the cloud. It invests in the leaders in the sector and emerging players.

Betashares Global Uranium ETF (ASX: URNM)

Another ASX ETF for investors to look at next week is the Betashares Global Uranium ETF. It could be a good option if you believe that nuclear power is the key to decarbonising the planet. As its name implies, this fund provides investors with exposure to a portfolio of leading companies in the global uranium industry. These companies stand to benefit greatly from increasing demand for the chemical element.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

A fourth ASX ETF to look at next week is the very popular VanEck Vectors Morningstar Wide Moat ETF. Much to the delight of its unitholders, the MOAT ETF has delivered very strong returns for investors in recent years. This has been underpinned by its focus on investing in high-quality companies with fair valuations and sustainable competitive advantages. These are the qualities that legendary investor Warren Buffett looks for when making investments. And it is never a bad idea to follow the Oracle of Omaha’s lead.

Vanguard MSCI Index International Shares ETF (ASX: VGS)

A final ASX ETF for investors to consider buying next week is the Vanguard MSCI Index International Shares ETF. This popular ETF gives investors access to more than 1,000 of the world’s largest listed companies. This means that you are left owning a very diverse group of quality companies. Many of which are absolute behemoths and household names.

The post 5 excellent ASX ETFs to buy next week appeared first on The Motley Fool Australia.

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• Top ASX shares to buy for your superannuation fund in May 2024
• Does the VanEck Wide Moat ETF pay a decent ASX dividend?
• 2 ASX ETFs to buy and hold forever in your investment portfolio
• How to invest in uranium on the ASX
• 5 ASX ETFs to invest $10,000 into next week

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Global Cybersecurity ETF. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF. The Motley Fool Australia has recommended Betashares Capital – Asia Technology Tigers Etf, Betashares Global Uranium Etf, VanEck Morningstar Wide Moat ETF, and Vanguard Msci Index International Shares ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

It has been another busy week for Australia’s top brokers. This has led to the release of a number of broker notes.

Three broker buy ratings that you might want to know more about are summarised below. Here’s why brokers think these ASX shares are in the buy zone:

Lovisa Holdings Ltd (ASX: LOV)

According to a note out of Bell Potter, its analysts have retained their buy rating on this fashion jewellery retailer’s shares with an improved price target of $36.00. Bell Potter has been reviewing the retail sector and continues to feel very bullish about Lovisa. In fact, the broker believes that the company’s store network can grow even quicker in new markets than first thought after taking into account some recent data points from markets such as Netherlands, Ireland, Canada, and Peru. Bell Potter now estimates that Lovisa can grow its store network by 10% per annum between FY 2023 and FY 2034. In addition, its analysts highlight encouraging trends out of the ecommerce platforms in both Australia and the US compared to its key rival. Combined, this has led to the broker boosting its earnings estimates and valuation accordingly. The Lovisa share price ended the week at $31.77.

Qube Holdings Ltd (ASX: QUB)

A note out of Goldman Sachs reveals that its analysts have retained their buy rating on this logistics solutions company’s shares with an improved price target of $3.95. This follows Qube’s investor day event, which went down well with the broker. Goldman notes that the company’s Patrick operation is unmatched and has an advantage at Port Botany via automation, its 1,400m quay line, and efficiencies. In addition, the broker was pleased to see that trading conditions are improving and execution risks at Moorebank are reducing. Overall, this has led to the broker lifting its earnings estimates for the coming years and boosting its valuation. The Qube share price was fetching $3.58 at Friday’s close.

REA Group Ltd (ASX: REA)

Analysts at Morgan Stanley have reaffirmed their overweight rating and $210.00 price target on this property listings company’s shares. This follows the release of REA Group’s quarterly update, which revealed very strong sales and earnings growth from the realestate.com.au operator. Morgan Stanley notes that the company slightly outperformed analyst expectations but significantly outperformed its closest rival. This is cementing its market leadership position further, which bodes well for the future and appears to support Morgan Stanley’s forecast for further strong growth in the coming years. The REA share price ended the week at $187.32.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

More reading

• I’d buy these ASX retail shares if economic fragility starts a fire sale
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• 5 ASX shares to buy following the market selloff
• Why is this ASX 200 stock avoiding the market selloff and pushing higher?
• Why 4DMedical, Orica, PSC Insurance, and REA shares are rising today

Motley Fool contributor James Mickleboro has positions in Lovisa. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group, Lovisa, and REA Group. The Motley Fool Australia has recommended Lovisa and REA Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

JB Hi-Fi Ltd (ASX: JBH) shares have soundly beaten the market, rising by 23% in the past year (seen on the chart below), compared to a 7% rise for the S&P/ASX 200 Index (ASX: XJO). However, sales growth is now challenging amid the high cost of living situation.

Investors got a look at the latest quarter‘s performance earlier this week. The sales numbers in Australia weren’t inspiring.

Sales recap

JB Hi-Fi reported that for the three months to 31 March 2024, JB Hi-Fi Australia’s total sales decreased by 0.1%, JB Hi-Fi New Zealand’s total sales improved by 16.8%, and The Good Guy’s sales dropped by 0.8%.

Added to the first two-quarters of FY24, total JB Hi-Fi Australia sales were up 0.5%, JB Hi-Fi New Zealand sales rose 8.5%, and The Good Guys sales dropped 7.3%.

The ASX share described these sales as “resilient” and in line with the group’s expectations.

Is the JB Hi-Fi share price a buy?

Brokers seem mixed on the business after seeing that update.

According to reporting by The Australian, the broker JPMorgan decided to increase its rating on JB Hi-Fi shares to overweight, meaning buy. The price target is where the broker thinks the share price will be trading in 12 months from now. JPMorgan’s price target on JB Hi-Fi shares is $63, which is more than 11.92% higher than where it is now.

However, the broker Macquarie decided to reduce its price target on JB Hi-Fi shares by 5% to $61. That represents a potential rise of more than 8%, even though Macquarie’s rating was reduced to neutral.

The broker UBS has a neutral rating and price target of $59 on the business, which would be a rise of less than 5%.  

UBS said it’s cautious on the FY24 fourth quarter because JB Hi-Fi is cycling against a strong final quarter of the prior financial year, particularly JB Hi-Fi Australia.

Another issue is there is a potential downside risk to the earnings before interest and tax (EBIT) margin because of rising costs, including wages and rent (which are being driven higher by inflation). UBS suggested that saving costs is difficult because the company already has a “lean cost base,” especially with JB Hi-Fi Australia.

UBS thinks operating ­de-­leverage is likely in the third quarter because of the sales decline and the cycling against a strong quarter ending 30 June 2023 for the FY24 fourth quarter.

Based on UBS’ estimates, the JB Hi-Fi share price is valued at 15x FY24’s estimated earnings and 15x FY25’s estimated earnings. It could pay a grossed-up dividend yield of 6.2% in FY24 and 6.1% in FY25.

It seems some brokers think the JB Hi-Fi share price is capable of rebounding, but it faces challenges to profitability in the last few months of the 2024 financial year.

The post Are JB Hi-Fi shares still a buy as growth slows? appeared first on The Motley Fool Australia.

More reading

• Why Baby Bunting, JB Hi-Fi, Temple & Webster, and Westpac shares are falling today
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JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended JPMorgan Chase and Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Jb Hi-Fi. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Coles Group Ltd (ASX: COL) share price has held firm in 2024, while the Woolworths Group Ltd (ASX: WOW) share price has tanked.

Coles shares finished the session on Friday at $16.24 and are up 0.5% in the year to date.

The company’s chief competitor and Australia’s supermarket sector leader, Woolworths, closed at $30.72 on Friday with the share price down 18% in the year to date.

As my colleague Seb points out, Coles shares are trading at a more attractive P/E ratio at the moment. But will that last?

Let’s canvas the views of a few top brokers to see if they think Coles shares are a good buy at today’s price.

Stable Coles share price vs. Woolworths wash-out in 2024

Bell Potter has a buy rating on Coles and a 12-month price target of $19.

The broker notes moderating costs, supply chain improvements, and a positive long-term outlook for the company, commenting:

Costs are expected to remain elevated but should moderate through FY24 and FY25 as general inflation tapers off.

In the medium term, 1) higher immigration should support grocery spending, and 2) Coles is entering a period of elevated capex intensity as it reinvests to modernise its supply chain and to catch up to competitors on online and digital offerings, which should help Coles maintain its market position.

Morgans has an add rating on Coles with a 12-month share price target of $18.95.

Equities strategist Andrew Tang explains why they like Coles shares:

In our view, the ongoing scrutiny on the supermarkets has affected short term sentiment in the sector, which we believe creates a good buying opportunity in COL.

While Liquor sales remain soft, we expect the core Supermarkets division (~92% of earnings) to continue to be supported by further improvement in product availability, reduction in total loss, greater in-home consumption due to cost-of-living pressures, and population growth.

UBS also has a buy rating on Coles with a share price target of $18.25. 

The broker says there are tailwinds for the business. These include a potential expansion of gross profit margins in 2024 and various cost savings that are helping it deliver “improved earnings momentum”.

Then there’s the outlier…

Goldman Sachs has a completely different view. The top broker says Coles shares are a sell and has a 12-month price target of $15.40 on the stock.

In a recent note, analysts Lisa Deng and James Leigh said Coles had under-invested in its digital transformation and omnichannel strategy, which is “the primary reason for structural market share loss”.

They explained:

Even though the company is stepping up its investments in supply chain, we would like to see the company better illustrate its end-to-end digital strategy including sourcing, warehouse/distribution, merchandising, consumer data/analytics and loyalty to ultimately drive ARPU and market share gains together with cost efficiencies.

Deng and Leigh expect Coles to report lower comps sales and EBIT margin growth in FY25/FY26 compared to Woolworths.

They are also concerned about potential further delays with the Witron/Ocado project.

The post Coles share price holds firm while Woolworths tumbles 18% in 2024. Time to buy? appeared first on The Motley Fool Australia.

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Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has positions in and has recommended Coles Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

My endless hunt for wealth creation has led me to ASX retail shares more recently.

Investors decimated the industry yesterday, slicing 2.5% off the consumer discretionary sector. Disappointing sales updates from a handful of listed retailers, such as JB H-Fi Ltd (ASX: JBH) and Super Retail Group Ltd (ASX: SUL), spooked the market following weak retail trade data last month.

There’s a wise Japanese proverb I reflect on in uneasy times: “Fear is often greater than the danger itself”. Humans are wired to amplify a perceived threat so that we might live another day. This innate response can lead to overreactions in the stock market.

Those rare moments of disproportional distress are where transformative investments can be made.

3 ASX retail shares ready for rough times

Suppose we fall on hard times in the near future. Some companies will be positioned better than others. However, there’s every chance investors will sell indiscriminately, overcome with fear.

That’s why it is valuable to prepare for the storm. Know which companies are likely to withstand the catastrophic forces ahead of time. Doing so gives you an edge over others who will be paralysed by panic.

Batten down the balance sheet

Recessions can destroy businesses. When sales dry up quicker than expenses can be reduced, a company can be caught with insufficient cash to fund its operations. That’s where a pile of cash and little debt can be a game-changer.

I think Premier Investments Limited (ASX: PMV) is an ASX retail share in tip-top financial shape. The owner of Peter Alexander, Just Jeans, and Portmans — among others — recorded $492 million in cash and $69 million in debt at the end of the first half.

A strong balance sheet paired with above-industry average profit margins gives me confidence Premier Investments would make for an opportune investment amid a sell-off.

Staying on budget

People will often trade down in a weaker economy rather than go completely without. Savvy shoppers begin looking for the best bang for their buck, giving the right retailers a boost.

I believe Lovisa Holdings Ltd (ASX: LOV) is a prime candidate for a more frugal shopper. The jewellery seller is a more affordable option without compromising on the desired look. Furthermore, the company is now in a net cash position, reducing its debt from its previously lofty level.

Making it last

Buying a brand-new car is the last thing someone wants to do when money is tight. For this reason, automotive retailers are often dubbed ‘recession-resilient’, as people choose to repair rather than replace.

Super Retail Group Ltd (ASX: SUL) reported mixed sales growth yesterday in its second-half trading update. Some analysts are labelling the owner of Supercheap Auto, BCF, Macpac, and Rebel as overvalued after these figures.

Meanwhile, I’m prepping my account to buy this ASX retail share if the market punishes it further. The Supercheap Auto business is best-in-class, in my opinion. Additionally, Super Retail Group is now sitting on $321 million in cash (and no debt), giving it plenty of financial headroom for hard times.

The post I’d buy these ASX retail shares if economic fragility starts a fire sale appeared first on The Motley Fool Australia.

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Motley Fool contributor Mitchell Lawler has positions in Lovisa. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Lovisa. The Motley Fool Australia has positions in and has recommended Super Retail Group. The Motley Fool Australia has recommended Jb Hi-Fi, Lovisa, and Premier Investments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Commonwealth Bank of Australia (ASX: CBA) shares were in focus last week when the banking giant released its third quarter update.

In case you missed the announcement, let’s have a quick look at what the company reported.

For the three months ended 31 March, CBA posted a 1% decline in operating income.

Management advised that this reflects one less day in the quarter and slightly lower net interest margins due largely to continued competitive pressures and customers switching to higher yielding deposits.

So, with CBA’s expenses increasing 2% due to higher amortisation and staff costs, Australia’s largest bank reported an unaudited statutory net profit after tax of $2.4 billion. This represents a 3% decline on the first half average and 5% on the prior corresponding period.

And although the bank reported rising arrears across home loans, credit cards, and personal loans, its balance sheet remained strong. CBA finished the period with a healthy customer deposit funding ratio of 75%, an LCR of 138%, and an NSFR of 120%.

But what about the CBA dividend? Has this results release had an impact on what the market is expecting from the bank in FY 2024 and beyond?

Let’s now take a look at what analysts are forecasting for the coming years.

CBA dividend forecast

According to a note out of Goldman Sachs, its analysts have increased their earnings estimates slightly for the next few years to reflect lower bad and doubtful debts. However, there are no changes to the broker’s dividend estimates.

The note reveals that Goldman continues to expect CBA to pay a $4.55 per share fully franked dividend in FY 2024. Based on the current CBA share price of $117.54, this will mean a 3.9% dividend yield for investors.

Goldman expects the bank to maintain its dividend at $4.55 per share in FY 2025 despite predicting a year on year decline in earnings. This will mean another 3.9% dividend yield for investors to look forward to that year.

Moving onto FY 2026, the broker expects the bank to make it three in a row and pay another $4.55 per share fully franked dividend. This of course means yet another 3.9% dividend yield based on its current share price.

Are CBA shares in the buy zone?

Goldman thinks investors should keep their powder dry and wait for a sizeable pullback before investing in the banking giant.

In response to the third quarter update, the broker reiterated its sell rating with an improved price target of $82.61.

The post Here’s the CBA dividend forecast through to 2026 appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

There’s a good reason many ASX dividend investors own National Australia Bank Ltd (ASX: NAB) shares.

The S&P/ASX 200 Index (ASX: XJO) bank stock has a lengthy track record of delivering reliable passive income. In fact, NAB shares have delivered two annual, fully franked dividends every year for more than 10 years running now.

Over the past 12 months, the ASX 200 bank paid a final 84 cents per share dividend on 15 December and an 84 cents per share interim dividend, which will be paid on 3 July.

At Friday’s closing price of $33.81, that sees NAB shares trading on a fully franked trailing yield of 4.97%.

Now that’s an attractive yield. Especially as the NAB share price has also gained 29% over the past 12 months.

But there’s another ASX dividend stock I’d add to my passive income portfolio before NAB.

Namely ASX 200 utility Origin Energy Ltd (ASX: ORG).

Here’s why.

Why I’d buy this ASX dividend star for 2024

The Origin share price has also outperformed over the past 12 months.

At Friday’s closing price of $9.93 a share, the ASX dividend stock is up 18% since this time last year.

As for that passive income, Origin paid a final dividend of 20 cents per share on 29 September. Origin paid out the interim dividend of 27.5 cents per share on 28 March for a full-year payout of 47.5 cents per share, fully franked.

Based on Friday’s closing price, that works out to a fully franked trailing yield of 4.78%.

Now, I know what you may be thinking.

Not only has the NAB share price outpaced the Origin share price over the past year, but NAB shares also trade at a slightly higher yield.

Indeed.

But it’s the future we’re eyeing here. Not the past.

While I believe 2024 and 2025 will continue to see NAB pay out healthy dividends, I think Origin shares will surpass those.

And I think the ASX dividend stock could also see continued strong share price gains.

Among the reasons for my bullish assessment is the rapid evolution of artificial intelligence.

As with the rise of cryptocurrencies over the past decade, AI is forecast to see a massive surge in electricity demand. And I believe utilities like Origin are well-placed to benefit from that surging growth, which could boost the income from this ASX dividend stock.

So, what kind of demand growth are we talking about here?

In April, NextDc Ltd (ASX: NXT) CEO Craig Scroggie said that AI-capable data centres will require 10 times as much juice as traditional data centres.

And amid the explosive growth of AI, a raft of those new AI data centres is expected to come online over the next few years, both from NextDc and others.

Manju Naglapur, general cloud manager at Unisys Corp, recently noted:

Power demand from data centres has already been humongous, then came the AI hype and the need for power skyrocketed. With all the money spent on data centres, the power consumption will increase massively.

That massive increase should bode well for Origin’s dividends in 2024 and beyond.

As always, before buying any ASX dividend stock or any other company, be sure to do your own research first. Or simply reach out for some expert advice.

The post An ASX dividend giant I’d buy over NAB shares for 2024 appeared first on The Motley Fool Australia.

More reading

• Here’s how the ASX 200 market sectors stacked up last week
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• 3 ASX 200 shares I want to buy if the stock market crashes again
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Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX utilities shares led the ASX 200 market sectors last week with an impressive 4.79% gain over the five trading days. ASX energy stocks also put in an outstanding performance with a 4.34% gain over the week.

Meantime, the S&P/ASX 200 Index (ASX: XJO) booked a 1.19% lift to finish the week at 7,749 points.

Ten of the 11 market sectors finished the week in the green.

Let’s recap.

Utilities shares led the ASX sectors last week

AGL Energy Limited (ASX: AGL) was this week’s best-performing major utilities stock. The AGL share price swooshed 10.19% higher to $10.27 on news of the company upgrading its FY24 earnings guidance.

AGL now expects its underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA) to be between $2,120 million and $2,200 million. This compares to its previous guidance of $2,025 million and $2,175 million. This represents a 56% to 61.5% jump on the FY23 underlying EBITDA of $1,361 million.

APA Group (ASX: APA) shares lifted 4.28% over the week to $8.78. Origin Energy Ltd (ASX: ORG) shares gained 3.55% to finish at $9.93. Meridian Energy Ltd (ASX: MEZ) lost 1.1% to end the week at $5.39.

Among the major ASX 200 energy stocks, Woodside Energy Group Ltd (ASX: WDS) outperformed with a 4.24% gain over the week to finish at $28.63 per share.

Fellow oil and gas producer Santos Ltd (ASX: STO) lifted 4.94% over the week to finish at $7.86 per share.

Both stocks were buoyed by the Federal Government talking up the role of gas in Australia’s future.

Oil and gas commodity prices also rose this week. Brent crude oil rose 1.59% and WTI crude oil rose 2.07% following news of a surprise stockpile decline in the United States. The natural gas price shot 8.87% higher as well over the week.

Yancoal Australia Ltd (ASX: YAL) was the best performer of the major coal shares, gaining 3.84% over the five trading days to finish on Friday at $5.95 per share.

It was a big week for the ASX 200 with three major constituents releasing earnings reports.

For the six months to 31 March, Westpac Banking Corp (ASX: WBC) reported a net profit before one-offs of $3.51 billion, down 8%, Its net interest margins (NIMs) declined 0.07% to 1.89%. The bank will pay a fully franked dividend of 90 cents per share. It also announced an additional $1 billion share buyback.

Westpac shares fell 0.39% over the five trading days to finish at $26.66 apiece on Friday.

Australia and New Zealand Banking Group Ltd (ASX: ANZ) reported a statutory profit after tax of $3.41 billion for the half, down 4%. Its NIM also declined by 0.02% to 1.63%. The bank will pay an interim dividend of 83 cents per share, franked at 65%. ANZ also announced a $2 billion on-market buyback.

The ANZ share price closed the week at $29.09, up 1.01% over the five trading days.

Commonwealth Bank of Australia (ASX: CBA) delivered its third-quarter update, revealing an unaudited statutory net profit after tax (NPAT) of $2.4 billion, down 5% year over year.

CBA shares closed on Friday at $117.54, up 1.28% over the week.

Also this week, AMP chief economist Dr Shane Oliver revealed where he thinks the ASX 200 will finish the year. He also discussed the best and worst months to buy ASX shares based on historical patterns.

ASX 200 market sector snapshot

Here’s how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

S&P/ASX 200 market sector	Change last week
Utilities (ASX: XUJ)	4.79%
Energy (ASX: XEJ)	4.34%
A-REIT (ASX: XPJ)	2.48%
Information Technology (ASX: XIJ)	2.4%
Communication (ASX: XTJ)	1.7%
Materials (ASX: XMJ)	1.67%
Financials (ASX: XFJ)	1.5%
Industrials (ASX: XNJ)	1.35%
Consumer Staples (ASX: XSJ)	0.86%
Healthcare (ASX: XHJ)	0.79%
Consumer Discretionary (ASX: XDJ)	(0.52%)

The post Here’s how the ASX 200 market sectors stacked up last week appeared first on The Motley Fool Australia.

More reading

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Motley Fool contributor Bronwyn Allen has positions in Anz Group, Commonwealth Bank Of Australia, and Woodside Energy Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Apa Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.