ASX 200 Ended Higher By 1.23%; IT and Materials Stocks Leads Rally
By the end of the trading session on 18 July 2022, the benchmark index S&P/ASX 200 ended higher by 1.23% and settled at 6,687.10. Out of 11 sectors, 8 sectors closed higher along with the gain in the ASX 200.
The Information Technology and Materials sectors were the top 2 gaining sectors, gained 2.85% and 2.37% in their index value. On the other hand, the Healthcare and Consumer Staples sectors were the top 2 losing sectors, declined 0.50% and 0.49% in their index values.
Pendal Group Limited (ASX: PDL) and Tyro Payments Limited (ASX: TYR) were the top gainers with 9.308% and 8.421% growth in share prices, respectively. On the other hand, Appen Limited (ASX: APX) and Kelsian Group Limited (ASX: KLS) were the top losers, with a 3.167% and 2.926% drop in share prices, respectively.
The S&P/ASX 200 closed 1.23% higher on Monday to end the trading day at its highest level of the session, as the investor optimism that helped the US and European shares rise on Friday spread to Australia.
Whitehaven Coal Limited’s share price closed higher by 5.17% after the company expects to report a jump in full-year earnings due to the surging coal prices.
Suncorp Group's share price gained as the group announced a deal to sell its banking division to ANZ for $4.9 billion.
Oil prices extended gains as investors are concerned China's rising COVID cases could lead to a resumption of rubs and further dent fuel demand.
Dow has closed up by 2.2%, S&P 500 up by 1.9%, and NASDAQ closed higher by 1.8%.
Hang Seng is up by 2.43%, and FTSE 100 is up by 1.69%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Higher By 1.23%; IT and Materials Stocks Leads Rally
By the end of the trading session on 18 July 2022, the benchmark index S&P/ASX 200 ended higher by 1.23% and settled at 6,687.10. Out of 11 sectors, 8 sectors closed higher along with the gain in the ASX 200.
The Information Technology and Materials sectors were the top 2 gaining sectors, gained 2.85% and 2.37% in their index value. On the other hand, the Healthcare and Consumer Staples sectors were the top 2 losing sectors, declined 0.50% and 0.49% in their index values.
Pendal Group Limited (ASX: PDL) and Tyro Payments Limited (ASX: TYR) were the top gainers with 9.308% and 8.421% growth in share prices, respectively. On the other hand, Appen Limited (ASX: APX) and Kelsian Group Limited (ASX: KLS) were the top losers, with a 3.167% and 2.926% 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