ASX 200 Closed Higher By 0.31%; Lifted By Utilities and Industrials Sectors
By the end of the trading session on 19 October 2022, the benchmark index S&P/ASX 200 ended higher by 0.31% and settled at 6,800.10. Out of 11 sectors, 9 sectors closed higher along with the ASX 200.
The Utilities and Industrials sectors were the top 2 gaining sectors, gained 0.95% and 0.90% in their index values. On the other hand, the Energy and Information Technology sectors were the top 2 declining sectors, declined by 0.75% and 0.10% in their index values.
Novonix Limited (ASX: NVX) and Core Lithium Ltd (ASX: CXO) were the top gainers, with 18.994% and 8.235% growth in share prices, respectively. On the other hand, Megaport Limited (ASX: MP1) and St Barbara Limited (ASX: SBM) were the top losers, with a 22.144% and 4.762% drop in share prices, respectively.
Australian share market closed higher as U.S. corporate earnings aided sentiment. At the same time, traders awaited British inflation readings later in the day for clues on how hawkish central banks need to be to fight inflation.
Megaport Limited’s share price plunged 22.1% after its sales growth for the September quarter missed analysts’ expectations.
Oil prices rose today, recovering from recent losses as signs of a bigger-than-expected draw in U.S. crude inventories offset concerns over plans by the White House to increase supply in the near term.
Minneapolis Federal Reserve Bank President Neel Kashkari announced on Tuesday that Federal Reserve might need to push its benchmark policy rate above 4.75% if underlying inflation does not stop rising.
Dow has closed up by 1.1%, S&P 500 up by 1.2%, and NASDAQ closed higher by 0.9%.
Hang Seng is down by 1.73%, and FTSE 100 is up by 0.24%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Closed Higher By 0.31%; Lifted By Utilities and Industrials Sectors
By the end of the trading session on 19 October 2022, the benchmark index S&P/ASX 200 ended higher by 0.31% and settled at 6,800.10. Out of 11 sectors, 9 sectors closed higher along with the ASX 200.
The Utilities and Industrials sectors were the top 2 gaining sectors, gained 0.95% and 0.90% in their index values. On the other hand, the Energy and Information Technology sectors were the top 2 declining sectors, declined by 0.75% and 0.10% in their index values.
Novonix Limited (ASX: NVX) and Core Lithium Ltd (ASX: CXO) were the top gainers, with 18.994% and 8.235% growth in share prices, respectively. On the other hand, Megaport Limited (ASX: MP1) and St Barbara Limited (ASX: SBM) were the top losers, with a 22.144% and 4.762% drop in share prices, respectively.
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Top Performers 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.au