ASX/200 Closed Higher By 0.29%; Lifted by Information Technology
By the end of the trading session on 29 November 2023, the benchmark index S&P/ASX 200 ended higher by 0.29% and settled at 7,035.30. Out of 11 sectors, 05 sectors closed lower along with the ASX 200.
Information Technology and Healthcare sector was the top-gaining sector, gaining 2.08% and 1.82% respectively in their index values. Energy and Utilities sectors were the top-declining sectors, losing 0.76% and 0.60% respectively in their index values.
Link Administration Holdings Limited (ASX: LNK) and Fisher and Paykel Healthcare Corporation Limited (ASX: FPK) were the top gainers, with 8.467% and 7.871% growth in share prices, respectively. Core Lithium Limited (ASX: CXO) and Graincorp Limited (ASX: GNC) were the top losers, with 7.937% and 4.823% drop in share prices, respectively.
Healius experienced a 6% surge, reaching $1.50, following increased stakes from Australian superannuation funds Australian Retirement Trust and Host Super in the troubled pathology company.
Fisher & Paykel Healthcare reported improved revenue and profit during the first half of 2024, with shares rising by 7.9% to $22.20 as the respirator manufacturer adapts to a pre-pandemic trading environment.
Link Administration emerged as the top performer on the benchmark, with an 8.5% increase to $1.35, driven by Macquarie's resumption of coverage with a neutral rating for the share registry company.
Oil prices saw a second consecutive day of growth as traders anticipated a crucial OPEC+ meeting on supply and evaluated indications that the US Federal Reserve has concluded its interest rate hikes.
In the stock market, the Dow closed up by 0.24%, the S&P 500 increased by 0.10%, and the NASDAQ concluded higher by 0.29%.
However, the Hang Seng experienced a decline of -2.19%, and the FTSE 100 dropped by -0.07% on the current trading day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX/200 Closed Higher By 0.29%; Lifted by Information Technology
By the end of the trading session on 29 November 2023, the benchmark index S&P/ASX 200 ended higher by 0.29% and settled at 7,035.30. Out of 11 sectors, 05 sectors closed lower along with the ASX 200.
Information Technology and Healthcare sector was the top-gaining sector, gaining 2.08% and 1.82% respectively in their index values. Energy and Utilities sectors were the top-declining sectors, losing 0.76% and 0.60% respectively in their index values.
Link Administration Holdings Limited (ASX: LNK) and Fisher and Paykel Healthcare Corporation Limited (ASX: FPK) were the top gainers, with 8.467% and 7.871% growth in share prices, respectively. Core Lithium Limited (ASX: CXO) and Graincorp Limited (ASX: GNC) were the top losers, with 7.937% and 4.823% 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