ASX 200 Ended Higher By 0.86%; Lifted By Energy and Utilities Sectors
By the end of the trading session on 28 June 2022, the benchmark index S&P/ASX 200 ended higher by 0.86% and settled at 6,763.60. Out of 11 sectors, 6 sectors closed higher along with the gain in the ASX 200.
The Energy and Utilities sectors were the top 2 gaining sectors, gained 3.62% and 3.16% in their index values. On the other hand, Consumer Discretionary and Information Technology sectors were the top 2 declining sectors, declined 1.34% and 0.58% in their index values.
Collins Foods Limited (ASX: CKF) and Polynovo Limited (ASX: PNV) were the top gainers with 11.521% and 7.251% growth in share prices, respectively. On the other hand, Imugene Limited (ASX: IMU) and Tyro Payments Limited (ASX: TYR) were the top losers, with a 10.417% and 9.827% drop in share prices, respectively.
The energy sector led the market, gained 3.62%, with Woodside Energy jumped 4.34% to $32.7. Also gained: Beach Energy up almost 7%, New Hope Coal up 6.6%, and Santos added 2.7%.
Collin Foods’s share price gained 11.52%, following the company delivering revenue up 11.1% to $1184.5 million in fiscal 2022. Also, Broker Wilsons has labeled the full-year profit report as strong, with EBITDA 5% above the broker’s forecasts and net profit an 8% beat.
The major US stock indexes were closed modestly lower after oscillating through much of the session, with weakness in interest rate-sensitive mega-caps such as Amazon, Microsoft, and Alphabet providing the heaviest drag.
Oil extends gains for a third session as threats to global output risked tightening the market further before OPEC+ meets this week to discuss supply. Investors are still weighing worries over an economic slowdown against concern over lost Russian supply amid sanctions related to the conflict in Ukraine.
Dow has closed down by 0.2%, S&P 500 down by 0.2%, and NASDAQ closed lower by 0.7%.
Hang Seng is down by 0.81%, and FTSE 100 is up by 0.69%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Higher By 0.86%; Lifted By Energy and Utilities Sectors
By the end of the trading session on 28 June 2022, the benchmark index S&P/ASX 200 ended higher by 0.86% and settled at 6,763.60. Out of 11 sectors, 6 sectors closed higher along with the gain in the ASX 200.
The Energy and Utilities sectors were the top 2 gaining sectors, gained 3.62% and 3.16% in their index values. On the other hand, Consumer Discretionary and Information Technology sectors were the top 2 declining sectors, declined 1.34% and 0.58% in their index values.
Collins Foods Limited (ASX: CKF) and Polynovo Limited (ASX: PNV) were the top gainers with 11.521% and 7.251% growth in share prices, respectively. On the other hand, Imugene Limited (ASX: IMU) and Tyro Payments Limited (ASX: TYR) were the top losers, with a 10.417% and 9.827% drop in share prices, respectively.
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Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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