ASX/200 Closed Higher By 0.34%; Lifted by Materials
By the end of the trading session on 29 September 2023, the benchmark index S&P/ASX 200 ended higher by 0.34% and settled at 7,048.60. Out of 11 sectors, 04 sectors closed lower along with the ASX 200.
Materials and Consumer Discretionary sectors were the top-gaining sectors, gaining 1.27% and 0.64% respectively in their index values. Energy and Healthcare sectors were the top-declining sectors, gaining 0.80% and 0.50% respectively in their index values.
Core Lithium Limited (ASX: CXO) and Sayona Mining (ASX: SYA) were the top gainers, with 20.588% and 5.747% growth in share prices, respectively. Whitehaven Coal Limited (ASX: WHC) and Waypoint REIT Limited (ASX: WPR) were the top losers, with 3.266% and 3.018% drop in share prices, respectively.
Liontown Resources saw a 1.3% decrease in its stock price, falling to $2.94, following an upward revision in the capital cost estimate for its Kathleen Valley lithium project, which now stands at $951 million.
Core Lithium, a lithium mining company, experienced a significant surge in its shares, rising by 19.1% to reach 40.5¢. This boost came as the company reported its first full-year profit as a lithium producer.
Endeavour, under the chairmanship of Peter Hearl, has accused its largest shareholder, billionaire businessman Bruce Mathieson, of providing unbalanced and inaccurate commentary on the company.
Oil prices remained steady at around $US92 a barrel. This followed a recent drop, the most significant in eight weeks, driven by technical resistance factors and speculation regarding potential output restoration by Saudi Arabia if prices reach excessively high levels.
In the stock market, the Dow closed with a 0.35% decline, while the S&P 500 registered a 0.59% increase. The NASDAQ outperformed, ending the session with a gain of 0.83%.
On the global front, the Hang Seng index showed a notable increase of 2.76%, while the FTSE 100 exhibited a more modest uptick 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 0.34%; Lifted by Materials
By the end of the trading session on 29 September 2023, the benchmark index S&P/ASX 200 ended higher by 0.34% and settled at 7,048.60. Out of 11 sectors, 04 sectors closed lower along with the ASX 200.
Materials and Consumer Discretionary sectors were the top-gaining sectors, gaining 1.27% and 0.64% respectively in their index values. Energy and Healthcare sectors were the top-declining sectors, gaining 0.80% and 0.50% respectively in their index values.
Core Lithium Limited (ASX: CXO) and Sayona Mining (ASX: SYA) were the top gainers, with 20.588% and 5.747% growth in share prices, respectively. Whitehaven Coal Limited (ASX: WHC) and Waypoint REIT Limited (ASX: WPR) were the top losers, with 3.266% and 3.018% 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