ASX/200 Closed Lower By 0.07%; dragged down by A-REIT
By the end of the trading session on 22 November 2023, the benchmark index S&P/ASX 200 ended lower by 0.07% and settled at 7,073.40. Out of 11 sectors, 06 sectors closed lower along with the ASX 200.
Utilities and Energy sectors were the top-gaining sectors, gaining 0.88% and 0.46% respectively in their index values. A-REIT and Information Technology sector were the top-declining sectors, losing 1.43% and 1.13% respectively in their index values.
De Grey Mining Limited (ASX: DEG) and Tabcorp Holdings Limited (ASX: TAH) were the top gainers, with 4.500% and 4.109% growth in share prices, respectively. Healius Limited (ASX: HLS) and Polynovo Limited (ASX: PNV) were the top losers, with 33.243% and 7.639% drop in share prices, respectively.
Healius experienced a 33.2% decline, reaching AU$1.23, marking its lowest point in over two decades. This drop followed the completion of an AU$154 million share offer priced at AU$1.20 each, intended to address the company's debt.
Karoon Energy witnessed a 1.9% increase, reaching AU$2.16, subsequent to receiving a buy rating upgrade from analysts at Goldman Sachs, affirming positive market sentiment toward the oil and gas explorer.
EBOS, a Trans-Tasman pharmaceutical distributor, saw a 5.4% decrease, settling at AU$33.11, following the failure of an overnight deal to acquire the TPG Capital-backed pets and vets business Greencross.
The oil market remained relatively stable as traders awaited indications of potential intervention by OPEC and its allies during their upcoming meeting, contributing to minimal changes in oil prices.
The Dow closed with a 0.18% decrease, the S&P 500 with a 0.20% decrease, and the NASDAQ with a 0.59% decrease, reflecting a challenging day for these key stock market indices.
The Hang Seng reported a marginal decrease of -0.01%, while the FTSE 100 experienced a -0.19% decline, capturing the varied performance of global markets on the given day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX/200 Closed Lower By 0.07%; dragged down by A-REIT
By the end of the trading session on 22 November 2023, the benchmark index S&P/ASX 200 ended lower by 0.07% and settled at 7,073.40. Out of 11 sectors, 06 sectors closed lower along with the ASX 200.
Utilities and Energy sectors were the top-gaining sectors, gaining 0.88% and 0.46% respectively in their index values. A-REIT and Information Technology sector were the top-declining sectors, losing 1.43% and 1.13% respectively in their index values.
De Grey Mining Limited (ASX: DEG) and Tabcorp Holdings Limited (ASX: TAH) were the top gainers, with 4.500% and 4.109% growth in share prices, respectively. Healius Limited (ASX: HLS) and Polynovo Limited (ASX: PNV) were the top losers, with 33.243% and 7.639% 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