ASX/200 Closed Lower By 0.37%; Dragged down by Healthcare
By the end of the trading session on 1 September 2023, the benchmark index S&P/ASX 200 ended lower by 0.37% and settled at 7,278.30. Out of 11 sectors, 08 sectors closed lower along with the ASX 200.
Energy and Consumer Discretionary sectors were the top-gaining sectors, gaining 1.61% and 0.30% respectively in their index values. Healthcare and A-REIT sectors were the top-declining sectors, gaining 1.52% and 1.13% respectively in their index values.
Sayona Mining Limited (ASX: SYA) and Whitehaven Limited (ASX: WHC) were the top gainers, with 4.545% and 3.940% growth in share prices, respectively. Chalice Mining Limited (ASX: SYA) and Polynovo Limited (ASX: PNV) were the top losers, with 7.283% and 5.705% drop in share prices, respectively.
Fortescue Metals faced a 5.3 percent decline in its stock value, falling to $20.3, following Guy Debelle's departure from Fortescue Future Industries. This marked the third high-profile exit in a single week for the company.
In contrast, the financial technology firm Link Administration saw a 1.9 percent increase in its stock price, reaching $1.365, after successfully finalizing the sale of its banking and credit management division.
Rio Tinto managed to recover from earlier losses, registering a 1.2 percent gain and reaching $114.23, while BHP Group experienced a slight dip of 0.3 percent, with its stock price at $44.74.
Oil prices exhibited signs of improvement, breaking a two-week losing streak by rising for the fourth consecutive session on Friday.
In the broader market, the Dow closed down by 0.48 percent, the S&P 500 saw a 0.16 percent decrease, and the NASDAQ ended the day with a modest 0.11 percent increase.
The FTSE 100, on the other hand, experienced a decline of -0.46 percent 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 0.37%; Dragged down by Healthcare
By the end of the trading session on 1 September 2023, the benchmark index S&P/ASX 200 ended lower by 0.37% and settled at 7,278.30. Out of 11 sectors, 08 sectors closed lower along with the ASX 200.
Energy and Consumer Discretionary sectors were the top-gaining sectors, gaining 1.61% and 0.30% respectively in their index values. Healthcare and A-REIT sectors were the top-declining sectors, gaining 1.52% and 1.13% respectively in their index values.
Sayona Mining Limited (ASX: SYA) and Whitehaven Limited (ASX: WHC) were the top gainers, with 4.545% and 3.940% growth in share prices, respectively. Chalice Mining Limited (ASX: SYA) and Polynovo Limited (ASX: PNV) were the top losers, with 7.283% and 5.705% 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