By the end of the trading session on 03 May 2022, the benchmark index S&P/ASX 200 closed down by 0.42% and settled at 7316.20. 8 out of 11 sectors closed lower along with the ASX 200. The Information Technology and Health Care sectors were the top gainers with 0.90% and 0.38% gaining in their index values. The A-REIT and Materials sectors were the top losers with 1.36% and 1.04% decline in their index values.
Magellan Financial Group Limited (ASX: MFG) and Zip Co Limited (ASX: ZIP) were the top gainers with 5.033% and 5.00% growth in share prices, respectively. On the other hand, Costa Group Holdings Limited (ASX: CGC) and Premier Investments Limited (ASX: PMV) were the top losers, with a 6.422% and 5.552% drop in the share price, respectively.
The Reserve Bank of Australia has decided to increase the cash rate by 25 basis, which is the first increase since 2010; the central bank has also started withdrawing its extraordinary monetary support.
Imugene Limited has entered into the trading halt as on Monday, the company said that its supply agreement related to a clinical trial had been terminated with Merck & Co.
Dow has closed up by 0.3%, S&P 500 up by 0.6%, and NASDAQ closed up by 1.6%.
Hang Seng is up by 0.29%, and FTSE 100 is up by 0.47%.
Top 5 Gainers and Losers Scoreboard:
90 Day Average Volume Outlier:
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ASX 200 Ends Lower; Led by A-REIT Sector
By the end of the trading session on 03 May 2022, the benchmark index S&P/ASX 200 closed down by 0.42% and settled at 7316.20. 8 out of 11 sectors closed lower along with the ASX 200. The Information Technology and Health Care sectors were the top gainers with 0.90% and 0.38% gaining in their index values. The A-REIT and Materials sectors were the top losers with 1.36% and 1.04% decline in their index values.
Magellan Financial Group Limited (ASX: MFG) and Zip Co Limited (ASX: ZIP) were the top gainers with 5.033% and 5.00% growth in share prices, respectively. On the other hand, Costa Group Holdings Limited (ASX: CGC) and Premier Investments Limited (ASX: PMV) were the top losers, with a 6.422% and 5.552% drop in the share price, 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 Maven Capital Pty Ltd (AFSL No. 418504). The information contained in this article 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, Suite 1A, Level 2, 802-808 Pacific Highway, Gordon NSW 2072, Australia | 1800 005 780 | info@kapitales.com.au.au