S&P/ASX 200 Closed In Red Today; Dragged Down By Tech Stocks
By the end of the trading session on 06 September 2023, the benchmark index S&P/ASX 200 ended lower by 0.78% and settled at 7,257.10. Out of 11 sectors, 10 sectors closed lower along with the ASX 200.
The Energy sector was the only gaining sector, gained 0.95% in its index value. On the other hand, the Information Technology and Telecommunication Services sectors were the top 2 declining sectors, declined by 1.49% and 1.35% in their index values.
Domain Holdings Australia Limited (ASX: DHG) and Telix Pharmaceuticals Limited (ASX: TLX) were the top gainers, with 3.896% and 2.504% growth in share prices, respectively. On the other hand, Orora Limited (ASX: ORA) and Cromwell Property Group (ASX: CMW) were the top losers, with a 18.182% and 5.377% drop in share prices, respectively.
The Australian share market ended lower today, after Australia’s economy expanded 0.4% in the second quarter, compared with 0.2% in the previous quarter, beating forecasts of 0.3%.
Qantas shares have risen as Vanessa Hudson becomes the airline’s the group CEO and managing director, following the shock departure of Alan Joyce yesterday.
Orora Limited’s share price plunged 18.2% after hitting the market for the first time this month, following the competition of a $1.35 billion equity raise to fund the buyout of France’s Saver glass.
Pointsbet Holding’s Limited’s shares have crashed around 54% marking the completion of a massive $315 million capital return following the sale of its US business to Fanatics Betting and Gaming.
The Dow has closed down by 0.56%, the S&P 500 down by 0.42%, and the NASDAQ ended lower by 0.08%.
Hang Seng is down by 0.06%, and FTSE 100 is down by 0.20%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
Customer Notice:
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S&P/ASX 200 Closed In Red Today; Dragged Down By Tech Stocks
By the end of the trading session on 06 September 2023, the benchmark index S&P/ASX 200 ended lower by 0.78% and settled at 7,257.10. Out of 11 sectors, 10 sectors closed lower along with the ASX 200.
The Energy sector was the only gaining sector, gained 0.95% in its index value. On the other hand, the Information Technology and Telecommunication Services sectors were the top 2 declining sectors, declined by 1.49% and 1.35% in their index values.
Domain Holdings Australia Limited (ASX: DHG) and Telix Pharmaceuticals Limited (ASX: TLX) were the top gainers, with 3.896% and 2.504% growth in share prices, respectively. On the other hand, Orora Limited (ASX: ORA) and Cromwell Property Group (ASX: CMW) were the top losers, with a 18.182% and 5.377% drop in share prices, respectively.
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