ASX/200 Closed Higher By 0.017%; Lifted by Utilities
By the end of the trading session on 24 November 2023, the benchmark index S&P/ASX 200 ended higher by 0.17% and settled at 7,040.80. Out of 11 sectors, 04 sectors closed lower along with the ASX 200.
Utilities and Energy sectors were the top-gaining sectors, gaining 1.55% and 1.27% respectively in their index values. Information Technology and Telecommunications Services sector were the top-declining sectors, losing 1.71% and 0.51% respectively in their index values.
Paladin Energy Limited (ASX: PDN) and Genesis Minerals Limited (ASX: GMD) were the top gainers, with 2.475% and 2.416% growth in share prices, respectively. Virgin Money UK PLC (ASX: VUK) and Technology One Limited (ASX: TNE) were the top losers, with 6.082% and 4.883% drop in share prices, respectively.
Select Harvest experienced a 0.9% decline as fiscal losses widened to $115 million in 2023, a significant increase from the $4.8 million reported the previous year.
Origin Energy witnessed a 2.5% surge, leading to an upward movement in utility stocks. The company remains a focal point as AustralianSuper, a shareholder, criticized Brookfield's attempts to extend the timeline for its $18.7 billion bid.
Bruce McEwen, the Chief Executive of the distribution unit at Fletcher Building, resigned, with plans to depart in March 2024.
Oil prices declined due to internal discord within OPEC+, resulting in the postponement of a scheduled meeting. This move dampened speculations about additional production cuts by the Saudi-led alliance, coinciding with a notable increase in US stockpiles.
The Dow concluded with a 0.53% gain, the S&P 500 exhibited a 0.41% increase, and the NASDAQ recorded a 0.46% rise.
On the other hand, the Hang Seng experienced a -1.44% decline, while the FTSE 100 showed a 0.19% increase for the day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX/200 Closed Higher By 0.017%; Lifted by Utilities
By the end of the trading session on 24 November 2023, the benchmark index S&P/ASX 200 ended higher by 0.17% and settled at 7,040.80. Out of 11 sectors, 04 sectors closed lower along with the ASX 200.
Utilities and Energy sectors were the top-gaining sectors, gaining 1.55% and 1.27% respectively in their index values. Information Technology and Telecommunications Services sector were the top-declining sectors, losing 1.71% and 0.51% respectively in their index values.
Paladin Energy Limited (ASX: PDN) and Genesis Minerals Limited (ASX: GMD) were the top gainers, with 2.475% and 2.416% growth in share prices, respectively. Virgin Money UK PLC (ASX: VUK) and Technology One Limited (ASX: TNE) were the top losers, with 6.082% and 4.883% drop in share prices, respectively.
Top gainer 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 2067, Australia | 1800 005 780 | info@kapitales.com.au