[Events] Recommend an ASX share for 2023 💸💸
@Tiger_AU:
With a new year approaching, now could be a good time to look at making some new additions to your portfolio. I would like to invite you to recommend an ASX share for 2023,and you will win Tiger Coins. In the absence of the previous rate-hiking periods, Australia's stock market has experienced turbulent times. As of June, the benchmark index had fallen into the correction zone for the first time in twoyears, whichis defined as a 10% decline from the recent peak. However, the benchmark index still enjoyed monthly gains for the majority of the time. By the end of November, the index had pared more than half of its losses and was only 3% below the level at the beginning of the year. There was wide variation in the performance of each ASX sector. The energy, utilities, and materials sectors have benefited from robust demand and higher prices as a result of the Ukraine war, which increased demand for Australian exports. In contrast, the information and real estate sectors are the most affected by higher interest rates. What do you think of the stock market performance in 2023? If you were to recommend an ASX share for 2023, what would you recommend? 💡Share Your Insights Please leave a message in the comments section of this post, and recommend an ASX share for 2023 💸💸 🎁Prizes All Tigers who comment on the following post will receive 10 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins. ⏰Activity Duration 21 December 2022-28 December, 2022
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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