ASX 200 plunged 0.8%; Healthcare sector was the top gainer
By the end of the day’s trade, ASX 200 dipped marginally by 0.828% and settled at 6980.3. Sectors ended mixed today. Out of 11 sectors, 7 ended the session in the red zone. The healthcare sector was the top gainer with a 1.85% growth in the index value. The sector seems to have rebounded from its recent declines. The sector is off -3.03% for the past five days.
The energy and materials sectors were the top two losers on ASX, with a drop of 3.575% and 3.275% in their respective index values.
St Barbara Limited (ASX:SBM) and Imugene Limited (ASX:IMU) were the top two performers on ASX with 12.676% and 4.444% growth in the share price of these companies. On the other hand, Nickel Mines Limited (ASX: NIC) and BlueScope Steel Limited (ASX: BSL) were the top two losers on ASX with a drop of 10.607% and 8.834 in share prices, respectively.
There is a fear amongst investors due to the ongoing war between Russia and Ukraine.
The energy war between Russia and the West grew after the US pushed its allies to ban Russian oil imports as a punishment for Moscow’s invasion of Ukraine, where there is a discussion on humanitarian corridor made slight progress.
Russia also warned that it might stop the flow of gas through the pipeline from Russia to Germany in response to Berlin’s decision to halt the opening of the controversial new Nord Stream 2 pipeline.
NASDAQ Composite, NASDAQ-100, Dow Industrial slipped over 2% on 07 March 2022.
Top 5 Gainers and Losers:
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
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
ASX 200 plunged 0.8%; Healthcare sector was the top gainer
By the end of the day’s trade, ASX 200 dipped marginally by 0.828% and settled at 6980.3. Sectors ended mixed today. Out of 11 sectors, 7 ended the session in the red zone. The healthcare sector was the top gainer with a 1.85% growth in the index value. The sector seems to have rebounded from its recent declines. The sector is off -3.03% for the past five days.
The energy and materials sectors were the top two losers on ASX, with a drop of 3.575% and 3.275% in their respective index values.
St Barbara Limited (ASX:SBM) and Imugene Limited (ASX:IMU) were the top two performers on ASX with 12.676% and 4.444% growth in the share price of these companies. On the other hand, Nickel Mines Limited (ASX: NIC) and BlueScope Steel Limited (ASX: BSL) were the top two losers on ASX with a drop of 10.607% and 8.834 in share prices, respectively.
Copyright © 2022 Kapitales Research
Top Performers for the day:
Top Losers for the day:
Factors influencing the market:
Top 5 Gainers and Losers:
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