ASX 200 moves up marginally; IT sector was the top gainer
By the end of the day’s trade on 29 March 2022, ASX 200 index gained 0.7% and settled at 7464.3. Out of 11 sectors, 9 ended in the green zone. Information Technology was the top gainer with a 3.289% jump in the index value. The index settled at 1809.1. From this sector, Appen Limited (ASX: APX), Tyro Payments Limited (ASX: TYR), and Life360 Inc (ASX: 360) were amongst the top five gainers on ASX 200.
Consumer Discretionary and Healthcare sectors were the next two top gainers with 2.125% and 1.799% growth in their index value.
On the other hand, the energy sector was the worst performing sector with a marginal drop of 0.548% to 10067.8. The sector might have influenced because of Ukraine peace talk hopes. Other than this, the rise in the COVID-19 cases in Shanghai and the lockdown in the region have reduced the demand for fuel in China.
Gold was down on Tuesday alongside the US dollar. Rising yields offset expectations for Russia and Ukraine’s conversation this week to resolve the conflict.
The Hang Seng is up 0.81%, and the FTSE 100 is down 0.14% today.
NASDAQ-100, NASDAQ-Composite surged by 1.31% and 1.58%, respectively.
Top 5 Gainers and Losers Scoreboard:
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ASX 200 moves up marginally; IT sector was the top gainer
By the end of the day’s trade on 29 March 2022, ASX 200 index gained 0.7% and settled at 7464.3. Out of 11 sectors, 9 ended in the green zone. Information Technology was the top gainer with a 3.289% jump in the index value. The index settled at 1809.1. From this sector, Appen Limited (ASX: APX), Tyro Payments Limited (ASX: TYR), and Life360 Inc (ASX: 360) were amongst the top five gainers on ASX 200.
Consumer Discretionary and Healthcare sectors were the next two top gainers with 2.125% and 1.799% growth in their index value.
Related Read: Here’s why Telix’s (ASX: TLX) shares are up on ASX?
On the other hand, the energy sector was the worst performing sector with a marginal drop of 0.548% to 10067.8. The sector might have influenced because of Ukraine peace talk hopes. Other than this, the rise in the COVID-19 cases in Shanghai and the lockdown in the region have reduced the demand for fuel in China.
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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:
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