By the end of the trading session on 16 August 2022, the benchmark index S&P/ASX 200 ended higher by 0.58% and settled at 7,105.40. Out of 11 sectors, 9 sectors closed higher along with the ASX 200.
The Materials and Consumer Staples sectors were the top 2 gaining sectors, gained 1.66% and 1.00% in their index value. On the other hand, the A-REIT and Energy sectors were the top 2 losing sectors, declined 1.24% and 1.04% in their index values.
Life360 Inc (ASX: 360) and PointsBet Holdings Limited (ASX: PBH) were the top gainers with 5.454% and 5.405% growth in share prices, respectively. On the other hand, Challenger Limited (ASX: CGF) and Zip Co Limited (ASX: ZIP) were the top losers, with a 10.113% and 7.112% drop in share prices, respectively.
S&P/ASX200 closed higher and tracked gains in New York even as iron ore and oil dropped on renewed concerns about China’s outlook.
Challenger Limited's share price dropped sharply after the company reported a near-60% decline in statutory profit for the entire year ended June 30, as turbulent financial markets hit the investment manager.
BHP Group Limited’s share price gained more than 4% after the company unveiled a record dividend and its second-best profit for a financial year prior to the opening bell.
Steel output for China fell 13% in July to 2.63 mega tonnes per day, marking a steeper decline than other sectors of the economy as concerns about the solvency of property developers hamper construction.
Dow has closed up 0.5%, S&P 500 up by 0.4%, and NASDAQ closed higher by 0.6%.
Hang Seng is down 1.80%, and FTSE 100 is up by 0.11%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Higher By 0.58%; BHP Climbed
By the end of the trading session on 16 August 2022, the benchmark index S&P/ASX 200 ended higher by 0.58% and settled at 7,105.40. Out of 11 sectors, 9 sectors closed higher along with the ASX 200.
The Materials and Consumer Staples sectors were the top 2 gaining sectors, gained 1.66% and 1.00% in their index value. On the other hand, the A-REIT and Energy sectors were the top 2 losing sectors, declined 1.24% and 1.04% in their index values.
Life360 Inc (ASX: 360) and PointsBet Holdings Limited (ASX: PBH) were the top gainers with 5.454% and 5.405% growth in share prices, respectively. On the other hand, Challenger Limited (ASX: CGF) and Zip Co Limited (ASX: ZIP) were the top losers, with a 10.113% and 7.112% 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