S&P/ASX 200 Up Today; Lifted By Healthcare Sector

On 20 April 2022, 11:50 AM AEST, the benchmark index S&P/ASX 200 opens up higher and gaining 23.80 points or 0.31% and currently trading at 7589.00 price levels. 8 out of 11 sectors are trading in a green zone along with the S&P/ASX 200. The Health care and Consumer discretionary sectors are top 2 gaining sector and gaining 3.28% and 1.39% in their index value. While on the other hand, Energy and Material sector are the top 2 loser stocks, which declining 0.88% and 0.47% in their index value, respectively.

Ramsay Health Care Limited (ASX: RHC) and Corporate Travel Management Limited (ASX: CTD) are the top gaining stocks, which are gaining 26.091% and 4.209% in their stock prices. AGL Energy Limited. (ASX: AGL) and Regis Resources Limited (ASX: RRL) are the top losing stocks, and are declining 6.364% and 3.926% in their stock prices.

Factors Behind the rise-

• The healthcare gained today, private hospital group Ramsay has confirmed that private equity group KKR has bid $88 per share as a part of consortium. While the Ramsay’s board has agreed to provide the consortium the right to due diligence.
• Dow has closed up by 1.5%, S&P 500 was also up by 1.6% and NASDAQ closed higher by 2.2%.
• Hang Seng is up by 0.2% and FTSE 100 is down 0.20%.

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