ASX/200 Closed Higher By 0.47%; Lifted by Information Technology
By the end of the trading session on 24 August 2023, the benchmark index S&P/ASX 200 ended higher by 0.47% and settled at 7,182.10. Out of 11 sectors, 03 sectors closed lower along with the ASX 200.
Information Technology and Financial sectors were the top-gaining sectors, gaining 4.17% and 1.14% respectively in their index values. Utilities and Consumer Staples sectors were the top declining sectors, declining 1.13% and 1.13% respectively in their index values.
Wisetech Global Limited (ASX: WTC) and ARB Corporation Limited (ASX: ARB) were the top gainers, with 8.117% and 7.900% growth in share prices, respectively. Ramsay Health Limited (ASX: RHC) and Costa Group Holdings Limited (ASX: CGC) were the top losers, with 11.949% and 10.844% drop in share prices, respectively.
Ramsay Healthcare's shares plummeted by 12% as the company slashed its full-year dividend in half.
Telix Pharmaceuticals witnessed a 3.6% increase in its stock price. The company's latest half-year report revealed an 80% reduction in its net loss to $14.3 million.
Qantas experienced a marginal 0.8% uptick in its shares after announcing a record profit. The airline group also disclosed a $500 million share buyback initiative.
Oil prices declined for the fourth consecutive day due to an improved supply outlook amidst sluggish demand from major importers.
The Dow Jones Industrial Average (Dow) concluded with a 0.54% increase, while the S&P 500 index rose by 1.10%, and the NASDAQ Composite index exhibited a higher closing, up by 1.59%.
The Hang Seng index demonstrated a notable surge of 2.20%, while the FTSE 100 index in the UK witnessed a modest increase of 0.68% on the current trading day.
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
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
ASX/200 Closed Higher By 0.47%; Lifted by Information Technology
By the end of the trading session on 24 August 2023, the benchmark index S&P/ASX 200 ended higher by 0.47% and settled at 7,182.10. Out of 11 sectors, 03 sectors closed lower along with the ASX 200.
Information Technology and Financial sectors were the top-gaining sectors, gaining 4.17% and 1.14% respectively in their index values. Utilities and Consumer Staples sectors were the top declining sectors, declining 1.13% and 1.13% respectively in their index values.
Wisetech Global Limited (ASX: WTC) and ARB Corporation Limited (ASX: ARB) were the top gainers, with 8.117% and 7.900% growth in share prices, respectively. Ramsay Health Limited (ASX: RHC) and Costa Group Holdings Limited (ASX: CGC) were the top losers, with 11.949% and 10.844% 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