By the end of the trading session on 06 June 2022, the benchmark index S&P/ASX 200 ended lower by 0.45% and settled at 7,206.30. 8 out of 11 sectors closed lower along with the ASX 200.
The Energy and Utilities sectors were the top 2 gaining sectors, gained 2.13% and 0.69% in their index values. On the other hand, the Information Technology and Telecommunication Services sectors were the top 2 losing sectors, declined 1.55% and 1.11% in their index values.
Tabcorp Holdings Limited (ASX: TAH) and Clinuvel Pharmaceuticals Limited (ASX: CUV) were the top gainers with 5.319% and 4.524% growth in share prices, respectively. On the other hand, Magellan Financial Group Limited (ASX: MFG) and Tyro Payments Limited (ASX: TYR) were the top losers, with 13.932% and 8.375% drop in share prices, respectively.
Brent crude oil jumped after Saudi Arabia raised prices sharply for its crude sale in July 2022, helping the Energy sector rise.
Liontown Resources dropped 2.75% to $1.23 after announcing it has executed an offtake agreement with Tesla to supply spodumene concentrate from its Kathleen Valley lithium project.
On Monday, the tech sector dropped as much as 1.55 %, but most sectors were lower, aside from energy, which received a strong boost from higher oil prices.
Dow has closed down by 1.1%, S&P 500 down by 1.6%, and NASDAQ closed lower by 2.5%.
Hang Seng is up by 1.56%, and FTSE 100 is down by 0.98%.
Top 5 Gainers and Losers Scoreboard:
90 Day Average Volume Outlier:
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ASX 200 Slipped 0.45%; Magellan Dives 13.93%
By the end of the trading session on 06 June 2022, the benchmark index S&P/ASX 200 ended lower by 0.45% and settled at 7,206.30. 8 out of 11 sectors closed lower along with the ASX 200.
The Energy and Utilities sectors were the top 2 gaining sectors, gained 2.13% and 0.69% in their index values. On the other hand, the Information Technology and Telecommunication Services sectors were the top 2 losing sectors, declined 1.55% and 1.11% in their index values.
Tabcorp Holdings Limited (ASX: TAH) and Clinuvel Pharmaceuticals Limited (ASX: CUV) were the top gainers with 5.319% and 4.524% growth in share prices, respectively. On the other hand, Magellan Financial Group Limited (ASX: MFG) and Tyro Payments Limited (ASX: TYR) were the top losers, with 13.932% and 8.375% 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 2072, Australia | 1800 005 780 | info@kapitales.com.au.au