By the end of the trading session on 05 October 2023, the benchmark index S&P/ASX 200 ended higher by 0.51% and settled at 6,925.50. Out of 11 sectors, 8 sectors closed higher along with the ASX 200.
A-REIT and Information Technology sectors were the top-gaining sector, gaining 2.16% and 1.71% respectively in their index values. Energy and Consumer Discretionary were the top-declining sectors, gaining 0.89% and 0.31% respectively in their index values.
Northern Star Resources Limited (ASX: NST) and Weebit Nano Limited (ASX: WBT) were the top gainers, with 4.715% and 4.698% growth in share prices, respectively. Core Lithium Limited (ASX: CXO) and IGO Limited (ASX: IGO) were the top losers, with 6.330% and 3.984% drop in share prices, respectively.
The outcome resulted in a relief rally among risk assets, causing a reversal in bond yields' sharp gains, temporarily alleviating concerns about higher interest rates.
Newcrest Mining, a gold producer, saw a 1.1% increase in its stock price following the announcement of a special fully franked dividend of $US1.1 ($1.58).
Westgold Resources experienced a 2.2% rally in its stock price as the mining company reaffirmed its fiscal 2024 guidance. This came after it successfully realized the full value of the Australian dollar gold price in August and September for the first time.
Oil prices stabilized after a significant one-day drop, driven by growing concerns about weakening demand, marking the sharpest decline in a year.
The Dow Jones Industrial Average closed with a 0.39% gain, the S&P 500 ended the day 0.81% higher, and the NASDAQ saw a 1.35% increase in its value.
The Hang Seng index recorded a 0.40% increase, while the FTSE 100 experienced a -0.77% decline in its performance today.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX/200 Closed Higher By 0.51%; Lifted by A-REIT
By the end of the trading session on 05 October 2023, the benchmark index S&P/ASX 200 ended higher by 0.51% and settled at 6,925.50. Out of 11 sectors, 8 sectors closed higher along with the ASX 200.
A-REIT and Information Technology sectors were the top-gaining sector, gaining 2.16% and 1.71% respectively in their index values. Energy and Consumer Discretionary were the top-declining sectors, gaining 0.89% and 0.31% respectively in their index values.
Northern Star Resources Limited (ASX: NST) and Weebit Nano Limited (ASX: WBT) were the top gainers, with 4.715% and 4.698% growth in share prices, respectively. Core Lithium Limited (ASX: CXO) and IGO Limited (ASX: IGO) were the top losers, with 6.330% and 3.984% 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