Market Alert : Global Sell-Off Extends: Liquidity Fears and Growth Concerns Dominate

ASX 200 closed up; Index Lifted by Energy and Material Sector

By the end of the trading session on 19 April 2022, the benchmark index S&P/ASX 200 closed up by 0.56% and settled at 7565.20. 8 out of 11 sectors closed higher along with the gain in ASX 200. The Energy and Material sector were the top gainers with 1.26% and 1.03% growth in their index values. On the other hand, the Healthcare and Information Technology sector were the top loser sector, with a drop of 0.66% and 0.55% in their index values.

The energy sector has gained due to increase in oil prices closed over 1%, boosted by concerns over tight global supply amid the Ukraine and Russia crisis.

Imugene Limited (ASX: IMU) and Cleanaway Waste Management Limited (ASX: CWY) were the top gainers with 9.302% and 5.882% growth in the share prices, respectively. On the other hand, Paladin Energy Limited (ASX: PDN) and Fisher & Paykel Healthcare Corporation Limited (ASX: FPH) were the top losers with 2.591% and 2.574% drop in the share price respectively.

 Copyright © 2022 Kapitales Research

Top Performers for the day:

  • Energy (Up 1.26%)
  • Materials (Up 1.03%)
  • Utilities (Up 0.97%)

Top Loser for the day:

  • Healthcare (Down 0.66%)
  • Information Technology (Down 0.55%)

Other Factors influencing the market:

  • Material sector closed in green zone as, gold miners had posted gains after the precious metal’s prices touched US$2000 an ounce overnight.
  • AMP confirmed it is in talks over its Collimate Capital business with Dexus and other parties, causes AMP’s share rose by 0.9%.
  • The Hang Seng declined by 2.4%, and the FTSE 100 is down by 0.3% today.

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