ASX 200 Ended Lower By 1.97%; All Sectors Closed Lower

By the end of the trading session on 30 June 2022, the benchmark index S&P/ASX 200 ended lower by 1.97% and settled at 6,568.10. All 11 sectors closed lower along with the ASX 200. The Utilities and Materials sectors were the top 2 declining sectors, declined 2.92% and 2.83% in their index values.

PointsBet Holdings Limited (ASX: PBH) and Domino’s Pizza Enterprises Limited (ASX: DMP) were the top gainers with 10.743% and 0.965% growth in share prices, respectively. On the other hand, Tyro Payments Limited (ASX: TYR) and Unibail-Rodamco-Westfield (ASX: URW) were the top losers, with a 7693% and 6.000% drop in share prices, respectively.

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Top Loser for the day:

• Utilities (Down 1.34%)
• Materials (Down 0.58%)

Other Factors influencing the market:

• S&P/ASX 200 finished the financial year down 10.2% and today down 1.97% amid fears central banks' cure for inflation will end up sickening the global economy.
• Federal Reserve chair Jerome Powell, who spoke at the ECB forum, warned that a broader economic slowdown could be a "likely" outcome of the aggressive monetary policy actions aimed at curbing the soaring prices.
• Australian shares closed marginally lower as Wall Street wavered, and US Fed chair Jerome Powell warned that the clock was running out on inflationary expectations.
• Tyro Payments Limited’s share price dropped 6.145% after its chief executive Robbie Cooke said he would leave the group.
• Energy and Materials stocks closed lower, with commodity and oil prices continuing to deflate amid rising concerns about a recession.
• Dow has closed up by 0.2%, S&P 500 closed flat, and NASDAQ closed higher by 0.3%.
• Hang Seng is down by 0.90%, and FTSE 100 is down by 0.15%.

Top 5 Gainers and Losers Scoreboard:

90-Day Average Volume Outlier:

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