ASX/200 Closed Higher By 0.03%; Lifted by Healthcare
By the end of the trading session on 08 August 2023, the benchmark index S&P/ASX 200 ended higher by 0.03% and settled at 7,311.10. Out of 11 sectors, 07 sectors closed higher along with the ASX 200.
Healthcare and Information Technology sectors were the top gaining sectors, gaining 0.59% and 0.21% respectively in their index values. Consumer Staples and A-REIT sectors were the top declining sectors, declining 0.30% and 0.19% respectively in their index values.
James Hardie Industries PLC (ASX: JHX) and Reece Limited (ASX: REH) were the top gainers, with 14.376% and 3.929% growth in share prices, respectively. Sayona Mining Limited (ASX: SYA) and Coronado Global Resources INC (ASX: CRN) were the top losers, with 13.334% and 11.551% drop in share prices, respectively.
Coronado Global Resources experienced an 11.6% decline in its share price following the announcement of a 24% drop in revenue.
Despite an upgrade in profit expectations, Myer, the department store chain, saw a significant drop of 14.1% in its stock value.
The healthcare sector stood out as one of the few sectors in positive territory, showing a 0.6% increase. CSL Healthcare witnessed a 1% surge, while Sonic's stock rose by 0.6%.
Oil prices inched higher in anticipation of forthcoming US data on market outlook and stockpiles. The global market is tightening due to supply cuts by OPEC+.
Key US stock indices showed positive gains: Dow closed with a 1.16% increase, S&P 500 rose by 0.90%, and NASDAQ ended on a higher note with a 0.61% gain.
On the other hand, the Hang Seng index experienced a notable decline of -1.83%, while the FTSE 100 also showed a decrease of -0.13% during the current trading session.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
Customer Notice:
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ASX/200 Closed Higher By 0.03%; Lifted by Healthcare
By the end of the trading session on 08 August 2023, the benchmark index S&P/ASX 200 ended higher by 0.03% and settled at 7,311.10. Out of 11 sectors, 07 sectors closed higher along with the ASX 200.
Healthcare and Information Technology sectors were the top gaining sectors, gaining 0.59% and 0.21% respectively in their index values. Consumer Staples and A-REIT sectors were the top declining sectors, declining 0.30% and 0.19% respectively in their index values.
James Hardie Industries PLC (ASX: JHX) and Reece Limited (ASX: REH) were the top gainers, with 14.376% and 3.929% growth in share prices, respectively. Sayona Mining Limited (ASX: SYA) and Coronado Global Resources INC (ASX: CRN) were the top losers, with 13.334% and 11.551% 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