ASX/200 Closed Higher By 1.29%; Lifted by Material
By the end of the trading session on 15 September 2023, the benchmark index S&P/ASX 200 ended higher by 1.29% and settled at 7,279.00. All 11 sectors closed higher along with the ASX 200.
Materials and Information Technology sectors were the top-gaining sectors, gaining 2.72% and 1.74% respectively in their index values.
Syrah Resources Limited (ASX: SYR) and Life 360 Limited (ASX: 360) were the top gainers, with 8.181% and 6.689% growth in share prices, respectively. The Star Entertainment Limited (ASX: SGR) and Abacus Group Limited (ASX: ABG) were the top losers, with 2.841% and 2.753% drop in share prices, respectively.
Rio Tinto shares surged by 3% to reach AU$118.9, marking their most substantial weekly increase since November of the previous year.
Qantas shares, which initially started the session 1.3% higher, saw a slight gain of 0.4% to reach AU$5.61, despite facing challenges from the competition watchdog.
Ramsay Health Care's shares inched up by 0.2% to reach AU$51.61, despite a credit downgrade to BBB- by Fitch Ratings due to increased debt levels.
Oil prices experienced an upswing on Thursday, reaching their highest point for the year. This was driven by expectations of a tighter supply situation, which overshadowed concerns about weaker economic growth and rising US crude inventories.
In the stock market, the Dow recorded a gain of 0.22%, the S&P 500 displayed a 0.14% increase, and the NASDAQ exhibited a 0.09% rise in value.
Meanwhile, the Hang Seng index saw a notable increase of 0.89%, and the FTSE 100 displayed a substantial gain of 1.95% 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 1.29%; Lifted by Material
By the end of the trading session on 15 September 2023, the benchmark index S&P/ASX 200 ended higher by 1.29% and settled at 7,279.00. All 11 sectors closed higher along with the ASX 200.
Materials and Information Technology sectors were the top-gaining sectors, gaining 2.72% and 1.74% respectively in their index values.
Syrah Resources Limited (ASX: SYR) and Life 360 Limited (ASX: 360) were the top gainers, with 8.181% and 6.689% growth in share prices, respectively. The Star Entertainment Limited (ASX: SGR) and Abacus Group Limited (ASX: ABG) were the top losers, with 2.841% and 2.753% drop in share prices, respectively.
Top gainer 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