By the end of the trading session on 14 November 2023, the benchmark index S&P/ASX 200 ended higher by 0.83% and settled at 7,006.70. Out of 11 sectors, 9 sectors closed higher along with the ASX 200.
Energy and Materials sectors were the top-gaining sectors, gaining 2.54% and 1.46% respectively in their index values. Utilities and Telecommunication services sector was the top-declining sectors, losing 1.11% and 0.79% respectively in their index values.
ALS Limited (ASX: ALQ) and Life 360 Inc. (ASX: 360) were the top gainers, with 8.520% and 6.068% growth in share prices, respectively. Link Administration Holdings Limited (ASX: LNK) and National Australian Bank Limited (ASX: NAB) were the top losers, with 3.252% and 3.217% drop in share prices, respectively.
Telix Pharmaceuticals experienced a 1.4% increase in its stock value, reaching $9.28, following its announcement of acquiring the US-based therapeutic company QSAM Biosciences for a total of $US123 million in cash and equity.
Origin Energy faced a significant decline, dropping 3.2% to $8.50, after AustralianSuper rejected a last-minute offer to join a takeover bid for the company, adding another twist to the ongoing takeover battle.
Iron ore futures recorded an increase on Tuesday, influenced by evaluations of stimulus measures in China's property sector, the leading consumer of iron ore. Additionally, a decrease in shipments contributed to the rise, although demand for steel remained weaker.
Oil prices witnessed an increase following the release of the Organisation of the Petroleum Exporting Countries (OPEC) monthly report, which emphasized the tight global supply balances amid robust consumption.
In the stock market, the Dow closed with a 0.16% gain, while the S&P 500 experienced a slight decline of 0.08%, and the NASDAQ concluded with a 0.22% decrease.
The Hang Seng index showed a minor decrease of -0.06%, while the FTSE 100 displayed a positive trend, rising by 0.89% on the current day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX/200 Closed Higher By 0.83%; Lifted by Energy
By the end of the trading session on 14 November 2023, the benchmark index S&P/ASX 200 ended higher by 0.83% and settled at 7,006.70. Out of 11 sectors, 9 sectors closed higher along with the ASX 200.
Energy and Materials sectors were the top-gaining sectors, gaining 2.54% and 1.46% respectively in their index values. Utilities and Telecommunication services sector was the top-declining sectors, losing 1.11% and 0.79% respectively in their index values.
ALS Limited (ASX: ALQ) and Life 360 Inc. (ASX: 360) were the top gainers, with 8.520% and 6.068% growth in share prices, respectively. Link Administration Holdings Limited (ASX: LNK) and National Australian Bank Limited (ASX: NAB) were the top losers, with 3.252% and 3.217% 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