ASX 200 Closed Higher By 0.52%; Buoyed By IT Sector
By the end of the trading session on 21 July 2022, the benchmark index S&P/ASX 200 ended higher by 0.52% and settled at 6,794.30. Out of 11 sectors, 7 sectors closed higher along with the ASX 200.
The Information Technology and Telecommunication Services sectors were the top 2 gaining sectors, gained 3.15% and 2.07% in their index value. On the other hand, the Energy and A-REIT sectors were the top 2 losing sectors, declined 2.83% and 0.96% in their index values.
Zip Co Limited (ASX: ZIP) and Kelsian Group Limited (ASX: KLS) were the top gainers with 16.541% and 14.705% growth in share prices, respectively. On the other hand, Imugene Limited (ASX: IMU) and Woodside Energy Limited (ASX: WDS) were the top losers, with a 5.661% and 4.391% drop in share prices, respectively.
Kelsian Group’s shares jumped more than 14% following it announced that it doesn’t plan to make an offer for U.K. transport operator Go-Ahead Group.
Oil prices are falling for a second straight session as demand concerns outweighed tight global supply after U.S. government data showed tepid gasoline demand during the peak summer driving season.
Woodside Energy Limited's share price declined today as the company has scrapped the plan to sell a stake in its Sangomar oil project in Senegal as it reported a 44% jump in revenue in the June quarter, lifted by increasing oil and gas prices and a 60% surge in production after the merger with BHP Petroleum.
Link Administration’s share price gained following the company announced that it has agreed to a revised offer of $4.81 a share from suitor Dye & Durham.
Dow has closed down by 0.2%, S&P 500 up by 0.4%, and NASDAQ closed higher by 1.1%.
Hang Seng is down by 1.00%, and FTSE 100 is down by 0.44%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Closed Higher By 0.52%; Buoyed By IT Sector
By the end of the trading session on 21 July 2022, the benchmark index S&P/ASX 200 ended higher by 0.52% and settled at 6,794.30. Out of 11 sectors, 7 sectors closed higher along with the ASX 200.
The Information Technology and Telecommunication Services sectors were the top 2 gaining sectors, gained 3.15% and 2.07% in their index value. On the other hand, the Energy and A-REIT sectors were the top 2 losing sectors, declined 2.83% and 0.96% in their index values.
Zip Co Limited (ASX: ZIP) and Kelsian Group Limited (ASX: KLS) were the top gainers with 16.541% and 14.705% growth in share prices, respectively. On the other hand, Imugene Limited (ASX: IMU) and Woodside Energy Limited (ASX: WDS) were the top losers, with a 5.661% and 4.391% drop in share prices, respectively.
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Top Performers for the day:
Top Loser for the day:
Other Factors influencing the market:
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au