Market Alert : Global Sell-Off Extends: Liquidity Fears and Growth Concerns Dominate

Mid-Market: S&P/ASX 200 trading lower by 0.13%; Material sector was the top gainer

On 01 March 2023, at AEDT 12:00 PM, ASX 200 index is trading lower by 0.13% to 7,249.10. Seven of the 11 sectors are trading lower along with the benchmark index. The material sector was the top gainer with a 1.20% growth in the index values, while the Telecommunication sector was the top loser with a 1.59% fall in the index values. The top gainer, material sector, rebounded from its recent decline.

Pilbara Minerals Limited (ASX: PLS) and Perseus Mining Limited (ASX: PRU) were the top gainers, with a 3.477% and 3.307% surge in share prices, respectively. On the other hand, Telix Pharmaceuticals Limited (ASX: TLX) and Link Administration Holdings Limited (ASX: LNK) are the top losers, with 8.955% and 5.459% fall in their share prices.