ASX/200 Closed Lower By 0.55%; Dragged down by Utilities
By the end of the trading session on 10 November 2023, the benchmark index S&P/ASX 200 ended higher by 0.55% and settled at 6,976.50. All 11 sectors closed lower along with the ASX 200.
Utilities and Energy sector was the top-losing sectors, losing 1.70% and 1.51% respectively in their index values.
Neuren Pharmacy Limited (ASX: NEU) and Breville Group Limited (ASX: BRG) were the top gainers, with 10.045% and 7.692% growth in share prices, respectively. Chalice Mining Limited (ASX: CHN) and Sayona Mining Limited (ASX: SYA) were the top losers, with 7.366% and 6.897% drop in share prices, respectively.
Mineral Resources experienced a 2.6% decline, trading at $58.35 following an investment of up to $60 million plus royalties to secure rights for lithium, nickel, copper, and cobalt at Pantoro Limited’s Norseman gold project in Western Australia.
Light & Wonder saw a 5.6% increase, reaching $131.62, after reporting $US731 million in revenue for the latest quarter.
REA Group, owned by News Corp, faced a 2.1% decline, settling at $156.22. Despite generating $341 million in revenue for the September quarter, the adjusted earnings marked a 13% increase.
Oil prices slightly rose, suggesting that the recent sharp drop to a three-month low on Wednesday may have been excessive.
Market indices reflected a downward trend: The Dow closed 0.65% lower, the S&P 500 dropped by 0.81%, and the NASDAQ ended the session down by 0.94%.
The Hang Seng experienced a 1.70% decline, while the FTSE 100 observed a 0.73% increase during the current trading session.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
Customer Notice:
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ASX/200 Closed Lower By 0.55%; Dragged down by Utilities
By the end of the trading session on 10 November 2023, the benchmark index S&P/ASX 200 ended higher by 0.55% and settled at 6,976.50. All 11 sectors closed lower along with the ASX 200.
Utilities and Energy sector was the top-losing sectors, losing 1.70% and 1.51% respectively in their index values.
Neuren Pharmacy Limited (ASX: NEU) and Breville Group Limited (ASX: BRG) were the top gainers, with 10.045% and 7.692% growth in share prices, respectively. Chalice Mining Limited (ASX: CHN) and Sayona Mining Limited (ASX: SYA) were the top losers, with 7.366% and 6.897% drop in share prices, respectively.
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