ASX/200 Closed Higher By 1.21%; Lifted by Industrials
By the end of the trading session on 30 August 2023, the benchmark index S&P/ASX 200 ended higher by 1.21% and settled at 7,297.70. Out of 11 sectors, 02 sectors closed lower along with the ASX 200.
Industrials and Healthcare sectors were the top-gaining sectors, gaining 2.02% and 1.81% respectively in their index values. Telecommunication Services and Consumer Discretionary sectors were the top-declining sectors, gaining 0.24% and 0.16% respectively in their index values.
Brainchip Holdings Limited (ASX: BRN) and Sayona Mining Limited (ASX: VNT) were the top gainers, with 9.090% and 8.695% growth in share prices, respectively. Chalice Mining Limited (ASX: CHN) and Boral Limited (ASX: BLD) were the top losers, with 25.199% and 7.953% drop in share prices, respectively.
Brambles saw a 7.1% increase in its stock value following the announcement of a higher final dividend.
Retailer City Chic experienced a 4.4% drop in its shares as it reported a 17.2% decline in sales to $268.4 million in fiscal 2023.
Chalice Mining's shares plummeted by 25.2%, ranking it among the poorest-performing stocks on the ASX. This decline came after the company utilized optimistic commodity price assumptions in a scoping study.
Oil prices continued their upward trend for the fifth consecutive day, supported by indications of a significant reduction in US inventories and an overall positive sentiment in broader markets.
The Dow concluded with a gain of 0.85%, the S&P 500 rose by 1.45%, and the NASDAQ exhibited a higher value by 1.74%.
The Hang Seng index displayed a 0.42% increase, while the FTSE 100 experienced a notable rise of 1.72% on the current day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX/200 Closed Higher By 1.21%; Lifted by Industrials
By the end of the trading session on 30 August 2023, the benchmark index S&P/ASX 200 ended higher by 1.21% and settled at 7,297.70. Out of 11 sectors, 02 sectors closed lower along with the ASX 200.
Industrials and Healthcare sectors were the top-gaining sectors, gaining 2.02% and 1.81% respectively in their index values. Telecommunication Services and Consumer Discretionary sectors were the top-declining sectors, gaining 0.24% and 0.16% respectively in their index values.
Brainchip Holdings Limited (ASX: BRN) and Sayona Mining Limited (ASX: VNT) were the top gainers, with 9.090% and 8.695% growth in share prices, respectively. Chalice Mining Limited (ASX: CHN) and Boral Limited (ASX: BLD) were the top losers, with 25.199% and 7.953% 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