Mid-Market: S&P/ASX 200 Trading Lower By 0.52%; Weighed Down By Heavy Losses In Utilities Sector

Dec 12, 2022

On 12 December 2022, at AEDT 12:04 PM, the benchmark index S&P/ASX 200 is trading lower today, declining 37.80 points or 0.52%, and is currently trading at 7,175.40 levels. Out of 11 sectors, 10 sectors are trading lower along with the S&P/ASX 200.

The A-REIT sector is the only gaining sector, gaining 0.58% in its index value. On the other hand, the Utilities and Materials sectors are the top 2 losing sectors, declining 4.40% and 1.44% in their index values.

Megaport Limited (ASX: MP1) and Brainchip Holdings Limited (ASX: BRN) are the top-gaining stocks, gaining 3.715% and 2.343% in their stock prices. On the other hand, Nanosonics Limited (ASX: NAN) and Origin Energy Limited (ASX: ORG) and are the top-losing stocks and are declining by 8.058% and 7.821% in their stock prices.

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