ASX 200 Ended Lower; 9 Out Of 11 Sectors Closed In Red Zone
By the end of the trading session on 19 July 2022, the benchmark index S&P/ASX 200 ended lower by 0.56% and settled at 6,649.60. Out of 11 sectors, 9 sectors closed lower along with the ASX 200.
The Energy and Utilities sectors were the top 2 gaining sectors, gained 2.45% and 1.01% in their index value. On the other hand, the Information Technology and Healthcare sectors were the top 2 losing sectors, declined 2.85% and 2.27% in their index values.
Pendal Group Limited (ASX: PDL) and Mesoblast Limited (ASX: MSB) were the top gainers with 7.785% and 7.602% growth in share prices, respectively. On the other hand, Xero Limited (ASX: XRO) and Pointsbet Holdings Limited (ASX: PBH) were the top losers, with a 6.021% and 5.993% drop in share prices, respectively.
S&P/ASX 200 closed lower following overnight declines on Wall Street and on renewed fears about outbreaks of COVID-19 in China while the dollar hovered below last week's peak, but traders' main focus was approaching central bank meetings.
Pendal Group’s share price gained following the Investment manager Pendal has confirmed that it is in discussions with Perpetual regarding a potential transaction.
Yields on Australian bonds rose after RBA deputy governor Michele Bullock said Australians are well-placed to manage rising interest rates, as she warned that the cost of living and falling real wages posed a risk to households carrying a lot of debt.
On Wall Street, U.S. stocks fell, led by the tech sector, as investors assessed the outlook for corporate profits and economic growth amid rising interest rates and runaway inflation.
Oil prices are gaining as a plunging dollar-supported buying interest, and on expectations, the U.S. Federal Reserve's interest rate hike may be less than thought.
Dow has closed down by 0.7%, S&P 500 down by 0.8%, and NASDAQ closed lower by 0.8%.
Hang Seng is down by 0.65, and FTSE 100 is up by 0.90%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Lower; 9 Out Of 11 Sectors Closed In Red Zone
By the end of the trading session on 19 July 2022, the benchmark index S&P/ASX 200 ended lower by 0.56% and settled at 6,649.60. Out of 11 sectors, 9 sectors closed lower along with the ASX 200.
The Energy and Utilities sectors were the top 2 gaining sectors, gained 2.45% and 1.01% in their index value. On the other hand, the Information Technology and Healthcare sectors were the top 2 losing sectors, declined 2.85% and 2.27% in their index values.
Pendal Group Limited (ASX: PDL) and Mesoblast Limited (ASX: MSB) were the top gainers with 7.785% and 7.602% growth in share prices, respectively. On the other hand, Xero Limited (ASX: XRO) and Pointsbet Holdings Limited (ASX: PBH) were the top losers, with a 6.021% and 5.993% 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