ASX 200 Closed Higher By 0.47%; 10 Out Of 11 Sectors Closed In Green
By the end of the trading session on 30 August 2022, the benchmark index S&P/ASX 200 ended higher by 0.47% and settled at 6,998.30. Out of 11 sectors, 10 sectors closed higher along with the ASX 200.
The Information Technology and Energy sectors were the top 2 gaining sectors, gained 1.84% and 1.43% in their index value. On the other hand, Materials sector was the only declining sector, declined 0.44% in its index values.
Mineral Resources Limited (ASX: MIN) and The A2 Milk Company Limited (ASX: A2M) were the top gainers with 6.204% and 6.111% growth in share prices, respectively. On the other hand, Ramelius Resources Limited (ASX: RMS) and Domino’s Pizza Enterprises Limited (ASX: DMP) were the top losers, with 5.233% and 3.709% drop in share prices, respectively.
Sandfire Resource's share price declined after it posted a net profit of US$111.4 million in FY22, down from US$128.6 million in FY21.
The dollar struggled to regain momentum today after being beaten back from a two-decade high versus major peers by a reinvigorated euro.
U.S. stocks closed lower in the previous session, adding to the last week's sharp losses on nagging concerns about the Federal Reserve's determination to aggressively hike interest rates to fight inflation even as the economy slows.
Iron ore futures dropped below US$100 a tonne today, and spot prices slumped to the lowest in a week, pressured by renewed worries over COVID-19 curbs and steel output restrictions in top producer China.
Oil prices increased after traders bet that OPEC will cut production to offset any significant decline in crude rates.
Dow has closed down 0.6%, S&P 500 down by 0.7%, and NASDAQ closed lower by 1.0%.
Hang Seng is down by 0.55%, and FTSE 100 is down by 0.70%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Closed Higher By 0.47%; 10 Out Of 11 Sectors Closed In Green
By the end of the trading session on 30 August 2022, the benchmark index S&P/ASX 200 ended higher by 0.47% and settled at 6,998.30. Out of 11 sectors, 10 sectors closed higher along with the ASX 200.
The Information Technology and Energy sectors were the top 2 gaining sectors, gained 1.84% and 1.43% in their index value. On the other hand, Materials sector was the only declining sector, declined 0.44% in its index values.
Mineral Resources Limited (ASX: MIN) and The A2 Milk Company Limited (ASX: A2M) were the top gainers with 6.204% and 6.111% growth in share prices, respectively. On the other hand, Ramelius Resources Limited (ASX: RMS) and Domino’s Pizza Enterprises Limited (ASX: DMP) were the top losers, with 5.233% and 3.709% 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