ASX/200 Closed Lower By 0.04%; Dragged down by A-REIT
By the end of the trading session on 25 October 2023, the benchmark index S&P/ASX 200 ended lower by 0.04% and settled at 6,854.30. Out of 11 sectors, 09 sectors closed lower along with the ASX 200.
Materials and Telecommunications Services sectors were the top-gaining sectors, gaining 1.62% and 0.78% respectively in their index values. A-REIT and Consumer Staples sectors were the top-declining sectors, gaining 2.00% and 1.43% respectively in their index values.
Telix Pharmacy Limited (ASX: TLX) and Kelsian Group Limited (ASX: KLS) were the top gainers, with 5.549% and 4.651% growth in share prices, respectively. Helius Limited (ASX: HLS) and Belluve Gold Limited (ASX: BGL) were the top losers, with 6.482% and 6.355% drop in share prices, respectively.
BHP's stock rose by 2.6% to $44.72, while Fortescue Metals Group saw an increase of 3.1% to reach $22.02. Rio Tinto also experienced a 2.4% jump, reaching $116.27 in stock value.
Kogan, the online retailer, reported an impressive 8.7% stock price increase, reaching $4.86, as its sales figures returned to growth in quarterly comparisons, despite a decline in annual sales.
Tabcorp, on the other hand, faced a 4.1% drop in its stock value, falling to 81.5c. The decline followed a 34% protest vote against executive pay at the company's AGM.
According to data from The American Petroleum Institute (API), crude oil inventories in the United States decreased by 2.668 million barrels for the week ending October 20. This decline followed a 4.383-million-barrel drop in crude inventories in the previous week.
The Dow Jones Industrial Average (Dow) concluded with a 0.58% decrease, the S&P 500 index experienced a 0.17% decline, while the NASDAQ Composite Index ended positively with a 0.27% gain.
In the global market, the Hang Seng Index registered a 0.96% increase, and the FTSE 100 displayed a 0.20% rise in its performance for the day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX/200 Closed Lower By 0.04%; Dragged down by A-REIT
By the end of the trading session on 25 October 2023, the benchmark index S&P/ASX 200 ended lower by 0.04% and settled at 6,854.30. Out of 11 sectors, 09 sectors closed lower along with the ASX 200.
Materials and Telecommunications Services sectors were the top-gaining sectors, gaining 1.62% and 0.78% respectively in their index values. A-REIT and Consumer Staples sectors were the top-declining sectors, gaining 2.00% and 1.43% respectively in their index values.
Telix Pharmacy Limited (ASX: TLX) and Kelsian Group Limited (ASX: KLS) were the top gainers, with 5.549% and 4.651% growth in share prices, respectively. Helius Limited (ASX: HLS) and Belluve Gold Limited (ASX: BGL) were the top losers, with 6.482% and 6.355% 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