ASX 200 Ended Lower By 0.21%; Dragged Down By IT Sector
By the end of the trading session on 18 August 2022, the benchmark index S&P/ASX 200 ended lower by 0.21% and settled at 7,112.80. Out of 11 sectors, 8 sectors closed lower along with the ASX 200.
The Energy and Healthcare sectors were the top 2 gaining sectors, gained 1.37% and 1.11% in their index value. On the other hand, the Information Technology and Utilities sectors were the top 2 losing sectors, declined 2.43% and 1.55% in their index values.
IPH Limited (ASX: IPH) and Tyro Payments Limited (ASX: TYR) were the top gainers with 16.022% and 9.090% growth in share prices, respectively. On the other hand, Blackmores Limited (ASX: BKL) and Codan Limited (ASX: CDA) were the top losers, with a 10.075% and 9.751% drop in share prices, respectively.
Australia’s seasonally adjusted unemployment rate has fallen to a 48-year low of 3.4%, below forecasts of the jobless rate remaining at June’s low of 3.5%.
IPH Limited’s share price rose after the company signed an agreement to acquire Canadian intellectual property firm Smart & Biggar for a total of $387 million.
Blackmores Limited's share price declined following the company released its full-year result. The company said its profit and revenue rose but also warned about rising costs and supply chain issues.
Oil rebounded from several days of declines after a bullish US stockpile report eased concerns that an economic slowdown is blunting demand.
Dow has closed down 0.5%, S&P 500 down by 0.7%, and NASDAQ closed lower by 1.3%.
Hang Seng is down 0.94%, and FTSE 100 is down by 0.27%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Lower By 0.21%; Dragged Down By IT Sector
By the end of the trading session on 18 August 2022, the benchmark index S&P/ASX 200 ended lower by 0.21% and settled at 7,112.80. Out of 11 sectors, 8 sectors closed lower along with the ASX 200.
The Energy and Healthcare sectors were the top 2 gaining sectors, gained 1.37% and 1.11% in their index value. On the other hand, the Information Technology and Utilities sectors were the top 2 losing sectors, declined 2.43% and 1.55% in their index values.
IPH Limited (ASX: IPH) and Tyro Payments Limited (ASX: TYR) were the top gainers with 16.022% and 9.090% growth in share prices, respectively. On the other hand, Blackmores Limited (ASX: BKL) and Codan Limited (ASX: CDA) were the top losers, with a 10.075% and 9.751% 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