Ideas

The hacking of 130 high-profile Twitter accounts on Wednesday 15 July is a reminder of the growing importance of cybersecurity in the new digital age. HACK provides exposure to a diversified portfolio of the largest leading and emerging cybersecurity companies in the world.

A summary of US economic data for the week, outlining the expected gains from sales of existing and new U.S. homes, Eurozone reports on consumer confidence data and the Chinese economy.

This financial year has proved to be another up and down one for the Australian share market, albeit with much larger swings than we have had at times since the global financial crisis.

Our analysts provide their sector outlook and top stock picks for FY21.

The rebound in domestic equities continued in May as the All Ordinaries rose towards 6,000. Whilst the increase in the ASX All Ordinaries Accumulation Index and the S&P/ASX 200 Accumulation Index was not as substantial as previous month, they returned a solid 5.0% and 4.4%, respectively.

In the June tech sector report, we have made changes to our key picks since we last updated them in late April, with Infomedia and PWR Group replacing Appen (APX) and Catapult Group (CAT), given the downgrade in recommendation for both to HOLD.