ASX/200 Closed lower by 0.39%; Dragged down by Consumer Staples
By the end of the trading session on 04 January 2023, the benchmark index S&P/ASX 200 ended lower by 0.39% and settled at 7,494.10. Out of 11 sectors, 07 sectors closed lower along with the ASX 200.
Energy and Utilities sectors were the top-losing sectors, losing 1.44% and 0.32% respectively in their index values. On the other hand, Consumer Staples and Materials sectors were the top-losing sectors, losing 0.97% and 0.64% respectively in their index values.
Insignia Financial Limited (ASX: IFL) and Johns Lyng Group Limited (ASX: JLG) were the top gainers, with 5.957% and 3.896% growth in share prices, respectively. Arcadium Limited PLC (ASX: LTM) and Bellevue Gold Resource Limited (ASX: BGL) were the top losers, with 9.200% and 4.531% drop in share prices, respectively.
Westgold Resources witnessed a 2.4% decline in its stock, settling at AU$2.03. Despite this, the Western Australia-based miner affirmed its alignment with the production guidance of 245,000 to 265,000 ounces for the 2024 fiscal year.
During the second quarter, the company achieved a gold production of 59,238 ounces, with each ounce selling at an average price of AU$3041.
A private-sector survey revealed that China's services activity experienced its most significant expansion in five months, attributed to a substantial increase in new business.
The oil market saw an upward surge as disruptions in Libya's supply, heightened tensions in the Middle East, and a commitment to stabilizing prices from OPEC reignited bullish sentiment.
The Dow concluded with a 0.76% decrease, the S&P 500 was down by 0.80%, and the NASDAQ experienced a 1.18% decline.
In today's market, the Hang Seng index is down by -0.68%, while the FTSE 100 is lower by -0.51%.
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.
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ASX/200 Closed lower by 0.39%; Dragged down by Consumer Staples
By the end of the trading session on 04 January 2023, the benchmark index S&P/ASX 200 ended lower by 0.39% and settled at 7,494.10. Out of 11 sectors, 07 sectors closed lower along with the ASX 200.
Energy and Utilities sectors were the top-losing sectors, losing 1.44% and 0.32% respectively in their index values. On the other hand, Consumer Staples and Materials sectors were the top-losing sectors, losing 0.97% and 0.64% respectively in their index values.
Insignia Financial Limited (ASX: IFL) and Johns Lyng Group Limited (ASX: JLG) were the top gainers, with 5.957% and 3.896% growth in share prices, respectively. Arcadium Limited PLC (ASX: LTM) and Bellevue Gold Resource Limited (ASX: BGL) were the top losers, with 9.200% and 4.531% 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