ASX 200 closed up by 1.32%; Lifted by Material Sector
By the end of the trading session on 28 April 2022, the benchmark index S&P/ASX 200 closed up by 1.32% and settled at 7356.90 after setting a new 20-day low. 10 out of 11 sectors ended higher along with ASX 200. The Materials and Energy sectors were the top gainers with 3.52% and 0.96% growth in their index values. On the other hand, the Telecommunication Services sector was the weak performer for the day. It declined 0.10% in its index value.
The Materials sector lifted the S&P/ASX 200 higher on Thursday. The main reason behind the material sector's gain is the rise in the prices of iron ore. Also, big players from this sector reported a growth in their share prices.
AMP Limited (ASX: AMP) and Sandfire Resources Limited (ASX: SFR) were the top gainers with 13.170% and 11.923% growth in the share prices, respectively. On the other hand, Paladin Energy Limited (ASX: PDN) and Silver Lake Resources Limited. (ASX: SLR) were the top losers with 6.667% and 6.250% drop in the share price respectively.
Silver Lake Resources shares fell more than 6% after the company announced that it withdrew its FY22 Guidance.
Dow has closed up by 0.2%, S&P 500 was higher by 0.2%, and NASDAQ closed down by 0.01%.
The Hang Seng is up by 0.66%, and the FTSE 100 is up by 0.53% today.
Top 5 Gainers and Losers Scoreboard:
90 Day Average Volume Outlier:
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ASX 200 closed up by 1.32%; Lifted by Material Sector
By the end of the trading session on 28 April 2022, the benchmark index S&P/ASX 200 closed up by 1.32% and settled at 7356.90 after setting a new 20-day low. 10 out of 11 sectors ended higher along with ASX 200. The Materials and Energy sectors were the top gainers with 3.52% and 0.96% growth in their index values. On the other hand, the Telecommunication Services sector was the weak performer for the day. It declined 0.10% in its index value.
The Materials sector lifted the S&P/ASX 200 higher on Thursday. The main reason behind the material sector's gain is the rise in the prices of iron ore. Also, big players from this sector reported a growth in their share prices.
AMP Limited (ASX: AMP) and Sandfire Resources Limited (ASX: SFR) were the top gainers with 13.170% and 11.923% growth in the share prices, respectively. On the other hand, Paladin Energy Limited (ASX: PDN) and Silver Lake Resources Limited. (ASX: SLR) were the top losers with 6.667% and 6.250% 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