Mid-Market: S&P/ASX 200 rallies 0.4%; Healthcare sector is the top gainer

On 14 February 2023, at AEDT 11:47 AM, ASX 200 index is trading up with 0.4% growth in the index values. At this time, the index is positioned at 7444.5 levels. In the last five days, ASX 200 has lost 0.75%. However, it is still 2.32% below its 52-week high. Out of 11 sectors, nine are trading higher along with ASX 200.

The healthcare and Information Technology sectors are the top gainers, with a 1.24% and 1.12% surge in the index values. On the other hand, the Industrial and Utilities sectors are the top losers, with a 0.25% and 0.17% drop in their index values.

The Energy and Utilities sectors are the top 2 gaining sectors, gaining 1.67% and 0.58% in their index values. On the other hand, the Industrials and Consumer Discretionary sectors are the top 2 losing sectors, declining 1.39% and 0.92% in their index values.

Sims Limited (ASX:SGM) and Challenger Limited (ASX:SGM) are the top gainers, with 7.152% and 4.683% growth in share prices, respectively. The Star Entertainment Group Limited (ASX:SGR) and Ansell Limited (ASX:ANN) are top losers, with an 8.25% and 7.975% fall in their share prices, respectively.

 Top 5 Gainers & Losers (As At AEDT 11:30 AM)

Factors influencing the market-

• Challenger (ASX: CGF) shares improved following the release of its 1H FY2023 results. Its normalised NPAT increased by 5% compared to the previous corresponding period. The Company expects profit growth to continue in FY2023 and reaffirmed its guidance range between AU$485 million and AU$535 million.
• The Star Entertainment Group (ASX:SGR) shares continue to fall for two consistent days following the release of its 1H FY2023 results.
• Most indices on NASDAQ ended higher on Monday. NASDAQ Composite, NASDAQ 100, Dow Industrial, and S&P 500 ended 1.48%, 1.60%, 1.11%, and 1.14% up, respectively.
• The Hang Seng is down -0.12%, and the FTSE 100 is up 0.83% today.

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