ASX/200 Closed Higher By 0.05%; Lifted by Utilities
By the end of the trading session on 22 September 2023, the benchmark index S&P/ASX 200 ended higher by 0.05% and settled at 7,068.80. Out of 11 sectors, 06 sectors closed higher along with the ASX 200.
Utilities and Energy sectors were the top-gaining sectors, gaining 0.79% and 0.72% respectively in their index values. A-REIT and Healthcare sectors were the top declining sectors, declining 1.48% and 1.02% respectively in their index values.
Pilbara Mineral Limited (ASX: PLS) and Costa Group Holdings Limited (ASX: CGC) were the top gainers, with 6.783% and 6.551% growth in share prices, respectively. IDP Education Limited (ASX: IEL) and Regis Resource Limited (ASX: RRL) were the top losers, with 5.900% and 3.125% drop in share prices, respectively.
Rio Tinto's shares declined by 1.1% to $114.57, while BHP Group saw a modest increase of 0.5% to $44.34. This movement followed a nearly 2% rebound in iron ore prices in Singapore.
The Judo Bank Flash Australia Composite PMI Output Index displayed a rise from 48.0 in August to 50.2 in September.
News Corp enjoyed a 2.2% rally in its stock price, driven by the news that Rupert Murdoch would step aside as chairman of the company.
Oil prices underwent a volatile trading session, initially surging by as much as $1 per barrel. This surge was triggered by a Russian ban on fuel exports, which diverted attention away from Western economic challenges.
In the stock market, the Dow Jones Industrial Average (Dow) concluded with a 1.08% decrease, while the S&P 500 index experienced a larger decline of 1.64%. The NASDAQ composite index fared even worse, closing lower by 1.82%.
Meanwhile, the Hang Seng Index in Hong Kong recorded a notable increase of 1.63%. In contrast, the FTSE 100 index in the United Kingdom ended the day with a decline of -0.69%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX/200 Closed Higher By 0.05%; Lifted by Utilities
By the end of the trading session on 22 September 2023, the benchmark index S&P/ASX 200 ended higher by 0.05% and settled at 7,068.80. Out of 11 sectors, 06 sectors closed higher along with the ASX 200.
Utilities and Energy sectors were the top-gaining sectors, gaining 0.79% and 0.72% respectively in their index values. A-REIT and Healthcare sectors were the top declining sectors, declining 1.48% and 1.02% respectively in their index values.
Pilbara Mineral Limited (ASX: PLS) and Costa Group Holdings Limited (ASX: CGC) were the top gainers, with 6.783% and 6.551% growth in share prices, respectively. IDP Education Limited (ASX: IEL) and Regis Resource Limited (ASX: RRL) were the top losers, with 5.900% and 3.125% 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