ASX 200 Closed Higher By 2.79%, Tracked Wall Street
By the end of the trading session on 11 November 2022, the benchmark index S&P/ASX 200 ended sharply higher by 2.79% and settled at 7,158.00. Out of 11 sectors, 10 sectors closed higher along with the ASX 200.
The Information Technology and A-REIT sectors were the top 2 gaining sectors, gained 4.91% and 3.97% in their index values. On the other hand, the Utilities sector was the only declining sector, declined by 0.68% in its index value.
Megaport Limited (ASX: MP1) and Pinnacle Investment Management Group Limited (ASX: PNI) were the top gainers, with 13.568% and 12.500% growth in share prices, respectively. On the other hand, Whitehaven Coal Limited (ASX: WHC) and Origin Energy Limited (ASX: ORG) were the top losers, with a 3.482% and 3.193% drop in share prices, respectively.
S&P/ASX 200 ended sharply higher as softer-than-expected US inflation data spurred bets that the Federal Reserve would slow the pace of its aggressive policy tightening.
Australian share market soared 2.8%, or 194 points, to 7158.00, with the index hitting its highest level in five months during the session. Today’s rally lifted the benchmark to a weekly gain of 3.9%.
The yields on benchmark Australian 10-year government bonds have tumbled 14 basis points to 3.59% on the back of the cooler-than-expected US inflation print for October.
Dow has closed up by 3.47%, S&P 500 up by 5.10%, and NASDAQ closed higher by 6.75%.
Hang Seng is up by 7.06%, and FTSE 100 is up by 1.08%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Closed Higher By 2.79%, Tracked Wall Street
By the end of the trading session on 11 November 2022, the benchmark index S&P/ASX 200 ended sharply higher by 2.79% and settled at 7,158.00. Out of 11 sectors, 10 sectors closed higher along with the ASX 200.
The Information Technology and A-REIT sectors were the top 2 gaining sectors, gained 4.91% and 3.97% in their index values. On the other hand, the Utilities sector was the only declining sector, declined by 0.68% in its index value.
Megaport Limited (ASX: MP1) and Pinnacle Investment Management Group Limited (ASX: PNI) were the top gainers, with 13.568% and 12.500% growth in share prices, respectively. On the other hand, Whitehaven Coal Limited (ASX: WHC) and Origin Energy Limited (ASX: ORG) were the top losers, with a 3.482% and 3.193% 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