ASX 200 Closed Higher By 1.15%, Lifted By The IT and Consumer Discretionary Sectors
By the end of the trading session on 31 October 2022, the benchmark index S&P/ASX 200 ended higher by 1.15% and settled at 6,863.50. Out of 11 sectors, 10 sectors closed higher along with the ASX 200.
The Information Technology and Consumer Discretionary sectors were the top 2 gaining sectors, gained 2.36% and 2.30% in their index values. On the other hand, the Energy sector was the only declining sector, declined by 0.43% in its index value.
Home Consortium Limited (ASX: HMC) and Graincorp Limited (ASX: GNC) were the top gainers, with 7.865% and 7.860% growth in share prices, respectively. On the other hand, NextDC Limited (ASX: NXT) and Whitehaven Coal Limited (ASX: WHC) were the top losers, with a 5.132% and 4.141% drop in share prices, respectively.
Australian retail sales posted another solid increase in September due to spending on food, clothing, and eating out, with consumption remaining surprisingly resilient in the face of surging inflation and higher interest rates.
Graincorp Limited’s share price gained after Russia’s exit from a deal allowing Ukraine crops to move from the Black Sea to the countries most in need of them roils markets a new.
Iron ore prices declined to the lowest level in more than two years as increasing concerns about global steel demand were met with signs of a strengthening bulk commodity supply.
Oil prices declined today after weaker-than-expected factory activity data out of China and on concerns its widening COVID-19 curbs will curtail demand.
Wheat futures surged after Russia pulled out of an agreement to allow grain exports from Ukraine through the Black Sea – a deal that was considered to be critical for easing tight world supplies and controlling global food costs.
Dow has closed up by 2.6%, S&P 500 up by 2.5%, and NASDAQ closed higher by 2.9%.
Hang Seng is up by 0.48%, and FTSE 100 is down by 0.37%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Closed Higher By 1.15%, Lifted By The IT and Consumer Discretionary Sectors
By the end of the trading session on 31 October 2022, the benchmark index S&P/ASX 200 ended higher by 1.15% and settled at 6,863.50. Out of 11 sectors, 10 sectors closed higher along with the ASX 200.
The Information Technology and Consumer Discretionary sectors were the top 2 gaining sectors, gained 2.36% and 2.30% in their index values. On the other hand, the Energy sector was the only declining sector, declined by 0.43% in its index value.
Home Consortium Limited (ASX: HMC) and Graincorp Limited (ASX: GNC) were the top gainers, with 7.865% and 7.860% growth in share prices, respectively. On the other hand, NextDC Limited (ASX: NXT) and Whitehaven Coal Limited (ASX: WHC) were the top losers, with a 5.132% and 4.141% drop in share prices, respectively.
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Top Performers 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.au