ASX/200 Closed lower by 0.45%; Dragged down by Information Technology
By the end of the trading session on 21 December 2023, the benchmark index S&P/ASX 200 ended lower by 0.45% and settled at 7,504.10. Out of 11 sectors, 09 closed lower along with the ASX 200.
Utilities and Industrials sectors were the top-gaining sectors, gaining 0.44% and 0.43% respectively in their index values. Information Technology and Consumer Discretionary sectors was the top-losing sectors, losing 1.60% and 1.10% respectively in their index values.
Johns Lyng Group Limited (ASX: JLG) and Healius Limited (ASX: CXO) were the top gainers, with 3.204% and 2.631% growth in share prices, respectively. Liontown Resources Limited (ASX: LTR) and Eagers Automotive Limited (ASX: APE) were the top losers, with 8.334% and 7.764% drop in share prices, respectively.
Dental chain Pacific Smiles saw a 1.4% increase in its stock price as the board rejected Genesis Capital's takeover bid, deeming it as materially undervaluing the company.
Liontown, the worst-performing stock on the ASX 200, experienced an 8% decline due to its involvement in a royalty legal dispute concerning a Western Australian mine.
Bubs Australia traded flat at 13.5¢ after successfully raising $17 million in shares to support its expansion efforts in the United States.
Despite a three-day winning streak, oil faced uncertainties as the risk of disruptions in the Red Sea took precedence over an increase in US crude stockpiles.
The Dow concluded with a 1.27% decrease, the S&P 500 showed a 1.27% decrease, and the NASDAQ recorded a 1.50% loss.
The Hang Seng experienced a marginal 0.05% increase, while the FTSE 100 showed a more significant rise of 1.02% in today's trading.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
Customer Notice:
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ASX/200 Closed lower by 0.45%; Dragged down by Information Technology
By the end of the trading session on 21 December 2023, the benchmark index S&P/ASX 200 ended lower by 0.45% and settled at 7,504.10. Out of 11 sectors, 09 closed lower along with the ASX 200.
Utilities and Industrials sectors were the top-gaining sectors, gaining 0.44% and 0.43% respectively in their index values. Information Technology and Consumer Discretionary sectors was the top-losing sectors, losing 1.60% and 1.10% respectively in their index values.
Johns Lyng Group Limited (ASX: JLG) and Healius Limited (ASX: CXO) were the top gainers, with 3.204% and 2.631% growth in share prices, respectively. Liontown Resources Limited (ASX: LTR) and Eagers Automotive Limited (ASX: APE) were the top losers, with 8.334% and 7.764% 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