By the end of the trading session on 1 November 2023, the benchmark index S&P/ASX 200 ended higher by 0.85% and settled at 6,838.30. Out of 11 sectors, 02 sectors closed lower along with the ASX 200.
A-REIT and Healthcare Services sectors were the top-gaining sectors, gaining 1.79% and 1.12% respectively in their index values. Utilities and Consumer Staples sectors were the top-declining sectors, gaining 0.20% and 0.20% respectively in their index values.
Chalice Mining Limited (ASX: CHN) and Paladin Energy Limited (ASX: PDN) were the top gainers, with 8.938% and 7.938% growth in share prices, respectively. New Hope Corporation Limited (ASX: NHC) and Bellevue Gold Limited (ASX: BGL) were the top losers, with 4.507% and 4.499% drop in share prices, respectively.
CoreLogic data revealed that in October, house prices continued to rise due to robust demand from migrants, foreign investors, and a constrained rental market.
The IMF's recommendation for the RBA to raise the cash rate to ensure a return to the target inflation rate by 2025 led bond traders to increase the likelihood of an interest rate hike to 67%, up from 59% on the previous Tuesday.
The Australian dollar remained at a subdued level, at US63.30¢, following a 1.5% decline in October, marking the third consecutive month of losses.
Oil prices rebounded after a previous session decline, with investors closely monitoring the Israel-Hamas conflict.
In the stock market, the Dow closed with a 0.38% increase, the S&P 500 saw a 0.65% rise, and the NASDAQ ended the day 0.48% higher.
The Hang Seng index gained 0.09%, while the FTSE 100 experienced a minor decline of -0.08% on the day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX/200 Closed Higher By 0.85%; Lifted by A-REIT
By the end of the trading session on 1 November 2023, the benchmark index S&P/ASX 200 ended higher by 0.85% and settled at 6,838.30. Out of 11 sectors, 02 sectors closed lower along with the ASX 200.
A-REIT and Healthcare Services sectors were the top-gaining sectors, gaining 1.79% and 1.12% respectively in their index values. Utilities and Consumer Staples sectors were the top-declining sectors, gaining 0.20% and 0.20% respectively in their index values.
Chalice Mining Limited (ASX: CHN) and Paladin Energy Limited (ASX: PDN) were the top gainers, with 8.938% and 7.938% growth in share prices, respectively. New Hope Corporation Limited (ASX: NHC) and Bellevue Gold Limited (ASX: BGL) were the top losers, with 4.507% and 4.499% 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