By the end of the trading session on 12 October 2023, the benchmark index S&P/ASX 200 ended higher by 0.04% and settled at 7,091.00. Out of 11 sectors, 7 sectors closed higher along with the ASX 200.
A-REIT and Financial sectors were the top-gaining sectors, gaining 0.89% and 0.86% respectively in their index values. Healthcare and Energy were the top-declining sectors, gaining 4.52% and 0.55% respectively in their index values.
Core Lithium Limited (ASX: CXO) and Weebit Nano Limited (ASX: WBT) were the top gainers, with 8.108% and 5.573% growth in share prices, respectively. CSL Limited (ASX: CSL) and Tabcorp Holdings Limited (ASX: TAH) were the top losers, with 6.305% and 6.154% drop in share prices, respectively.
CSL, a major ASX company, continued its decline from the previous day, experiencing a 6.3% drop and reaching a price of AU$238.24.
Redbubble, on the other hand, saw a significant increase, with its stock surging by 30.4% to reach 60¢. This boost was attributed to the company's return to positive underlying cash flow, as indicated in its latest quarterly trading update.
Liontown, a company targeted for a takeover, witnessed a 1.7% decrease, with its stock price falling to AU$2.87. Notably, Liontown granted a seven-day extension to US company Albemarle for its due diligence period.
In the realm of commodities, Brent crude oil settled at AU$US85.62 per barrel, effectively offsetting most of the price surge that had occurred following recent attacks by Hamas on Israel over the weekend.
The Dow Jones Industrial Average closed with a 0.19% increase, the S&P 500 marked a 0.43% rise, and the NASDAQ concluded with a 0.71% gain.
Meanwhile, the Hang Seng index exhibited a 2.13% rise, while the FTSE 100 experienced a slight decline of -0.11% for the day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX/200 Closed Higher By 0.04%; Lifted by A-REIT
By the end of the trading session on 12 October 2023, the benchmark index S&P/ASX 200 ended higher by 0.04% and settled at 7,091.00. Out of 11 sectors, 7 sectors closed higher along with the ASX 200.
A-REIT and Financial sectors were the top-gaining sectors, gaining 0.89% and 0.86% respectively in their index values. Healthcare and Energy were the top-declining sectors, gaining 4.52% and 0.55% respectively in their index values.
Core Lithium Limited (ASX: CXO) and Weebit Nano Limited (ASX: WBT) were the top gainers, with 8.108% and 5.573% growth in share prices, respectively. CSL Limited (ASX: CSL) and Tabcorp Holdings Limited (ASX: TAH) were the top losers, with 6.305% and 6.154% 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