By the end of the trading session on 15 November 2023, the benchmark index S&P/ASX 200 ended higher by 1.42% and settled at 7,105.90. Out of 11 sectors, 10 sectors closed higher along with the ASX 200.
A-REIT and Information Technology sectors were the top-gaining sectors, gaining 4.77% and 3.35% respectively in their index values. Energy sector was the top-declining sector, losing 0.73% respectively in their index values.
Centuria Capital Group (ASX: CNI) and Charter Hall Group (ASX: CHC) were the top gainers, with 11.462% and 10.331% growth in share prices, respectively. Karoon Energy Limited (ASX: KAR) and Computershare Limited (ASX: CPU) were the top losers, with 10.417% and 5.489% drop in share prices, respectively.
The Australian stock market reached its highest point in eight weeks on Wednesday, driven by optimism stemming from the latest US inflation report. This report fueled speculation that interest rates in the world's largest economy might have reached their peak.
Nufarm, a company specializing in farm chemicals and seeds, experienced a notable surge of 8.1%, reaching $4.81. This increase followed the announcement of a full-year profit and revenue that exceeded expectations.
Life360, the family tracking platform, witnessed a 5.8% rise, reaching $8.88, propelled by a robust 38% growth in third-quarter revenue, which amounted to $78.6 million.
The oil market managed to maintain a four-day winning streak, with investors carefully evaluating a mixed outlook concerning supply and demand.
In the stock indices, the Dow concluded with a gain of 1.43%, the S&P 500 exhibited a rise of 1.91%, and the NASDAQ closed higher by 2.37%.
The Hang Seng index reflected a significant increase of 2.89%, while the FTSE 100 showed a more modest uptick of 0.20% on the same day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX/200 Closed Higher By 1.42%; Lifted by A-REIT
By the end of the trading session on 15 November 2023, the benchmark index S&P/ASX 200 ended higher by 1.42% and settled at 7,105.90. Out of 11 sectors, 10 sectors closed higher along with the ASX 200.
A-REIT and Information Technology sectors were the top-gaining sectors, gaining 4.77% and 3.35% respectively in their index values. Energy sector was the top-declining sector, losing 0.73% respectively in their index values.
Centuria Capital Group (ASX: CNI) and Charter Hall Group (ASX: CHC) were the top gainers, with 11.462% and 10.331% growth in share prices, respectively. Karoon Energy Limited (ASX: KAR) and Computershare Limited (ASX: CPU) were the top losers, with 10.417% and 5.489% 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