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Mid-Market: S&P/ASX 200 Trading Lower By 0.88%; Amid Heavy Sell-off

Dec 07, 2022

On 07 December 2022, at AEDT 12:15 PM, the benchmark index S&P/ASX 200 is trading lower today, declining 64.40 points or 0.88%, and is currently trading at 7,226.90 levels. Out of 11 sectors, 9 sectors are trading lower along with the S&P/ASX 200.

The Materials and Utilities sectors are the top 2 gaining sectors, gaining 0.37% and 0.22% in their index values. On the other hand, the Information Technology and Energy sectors are the top 2 losing sectors, declining 2.46% and 1.80% in their index values.

Magellan Financial Group Limited (ASX: MFG) and Coronado Global Resources Inc. (ASX: CRN) are the top-gaining stocks, gaining 3.152% and 2.500% in their stock prices. On the other hand, Brainchip Holdings Limited (ASX: BRN) and Beach Energy Limited (ASX: BPT) are the top-losing stocks and are declining by 8.089% and 6.869% in their stock prices.

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