ASX 200 Closed Lower By 0.50%, Dragged Down By Energy and IT Sectors
By the end of the trading session on 10 November 2022, the benchmark index S&P/ASX 200 ended lower by 0.50% and settled at 6,964.00. Out of 11 sectors, 6 sectors closed lower along with the ASX 200.
The Utilities and Healthcare sectors were the top 2 gaining sectors, gained 13.28% and 1.03% in their index values. On the other hand, the Energy and Information Technology sectors were the top 2 declining sectors, declined by 2.03% and 1.92% in their index values.
Origin Energy Limited (ASX: ORG) and Perpetual Limited (ASX: PPT) were the top gainers, with 34.747% and 14.816% growth in share prices, respectively. On the other hand, Pendal Group Limited (ASX: PDL) and Xero Limited (ASX: XRO) were the top losers, with a 10.934% and 10.851% drop in share prices, respectively.
Australian share market closed lower today, tracked the Wall Street losses amid uncertainty about the US midterms and nervousness ahead of the October US CPI data.
Origin Energy Limited’s share price shots up following Canadian giant Brookfield Asset Management and private equity firm Mid Ocean Energy lobbed a surprise $18.4 billion bid for Origin Energy at $9 per share.
Computershare Limited gained after upgrading its earnings per share growth guidance for financial 2023 to around 90% as rising interest rates boosted its income earned to an estimated US$800 million.
Xero Limited plunged more than 10% after its first-half 2023 loss widened to NZ$16.1 million from NZ$5.9 million, including an impairment of NZ$26.5 million for Waddle, and revenue improved 30% to NZ$658.5 million.
Oil prices fell further today amid rising concerns over a slowdown in global economic growth, with focus now turning to upcoming U.S. inflation data that is expected to set the tone for monetary policy in the coming months.
Dow has closed down by 1.6%, S&P 500 down by 1.7%, and NASDAQ closed lower by 2.1%.
Hang Seng is down by 2.09%, and FTSE 100 is down by 0.14%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Closed Lower By 0.50%, Dragged Down By Energy and IT Sectors
By the end of the trading session on 10 November 2022, the benchmark index S&P/ASX 200 ended lower by 0.50% and settled at 6,964.00. Out of 11 sectors, 6 sectors closed lower along with the ASX 200.
The Utilities and Healthcare sectors were the top 2 gaining sectors, gained 13.28% and 1.03% in their index values. On the other hand, the Energy and Information Technology sectors were the top 2 declining sectors, declined by 2.03% and 1.92% in their index values.
Origin Energy Limited (ASX: ORG) and Perpetual Limited (ASX: PPT) were the top gainers, with 34.747% and 14.816% growth in share prices, respectively. On the other hand, Pendal Group Limited (ASX: PDL) and Xero Limited (ASX: XRO) were the top losers, with a 10.934% and 10.851% drop in share prices, respectively.
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Top Performers 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