ASX 200 Ended Higher By 0.13%; Lifted By Communication and IT Sectors
By the end of the trading session on 09 August 2022, the benchmark index S&P/ASX 200 ended higher by 0.13% and settled at 7,029.80. Out of 11 sectors, 7 sectors closed higher along with the ASX 200.
The Telecommunication Services and Information Technology sectors were the top 2 gaining sectors, gained 1.78% and 1.57% in their index value. On the other hand, the Financial and Utilities sectors were the top 2 losing sectors, declined 0.98% and 0.87% in their index value.
Megaport Limited (ASX: MP1) and Domain Holdings Australia Limited (ASX: DHG) were the top gainers with 10.024% and 8.967% growth in share prices, respectively. On the other hand, Mesoblast Limited (ASX: MSB) and Imugene Limited (ASX: IMU) were the top losers, with a 6.990% and 5.264% drop in share prices, respectively.
S&P/ASX 200 closed only 0.13% higher as investors focus this week on U.S. inflation data and the prospects for further aggressive Federal Reserve rate hikes.
Mesoblast Limited’s shares fell by more than 6% after the company completed a US$45 million (AU$65 million) capital raising via the issue of 86.7 million fully paid ordinary shares.
Megaport Limited added an 8.56% following jump in revenue over FY22, primarily driven by its expanding data center footprint in the United States.
Australian business confidence rebounded in July as sales and profits held up surprisingly well in the face of rising interest rates and high inflation. However, firms also reported record costs amid supply constraints.
Oil prices are slightly lower on the latest progress in last-ditch talks to revive the 2015 Iran nuclear accord, which would clear the way to boost its crude exports in a tight market.
Dow has closed up 0.1%, S&P 500 down by 0.1%, and NASDAQ closed lower by 0.1%.
Hang Seng is down by 0.15%, and FTSE 100 is up by 0.57%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Higher By 0.13%; Lifted By Communication and IT Sectors
By the end of the trading session on 09 August 2022, the benchmark index S&P/ASX 200 ended higher by 0.13% and settled at 7,029.80. Out of 11 sectors, 7 sectors closed higher along with the ASX 200.
The Telecommunication Services and Information Technology sectors were the top 2 gaining sectors, gained 1.78% and 1.57% in their index value. On the other hand, the Financial and Utilities sectors were the top 2 losing sectors, declined 0.98% and 0.87% in their index value.
Megaport Limited (ASX: MP1) and Domain Holdings Australia Limited (ASX: DHG) were the top gainers with 10.024% and 8.967% growth in share prices, respectively. On the other hand, Mesoblast Limited (ASX: MSB) and Imugene Limited (ASX: IMU) were the top losers, with a 6.990% and 5.264% 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