ASX/200 Closed Lower By 0.76%; Dragged Down by A-REIT
By the end of the trading session on 27 November 2023, the benchmark index S&P/ASX 200 ended lower by 0.76% and settled at 6,987.60. Out of 11 sectors, 10 sectors closed lower along with the ASX 200.
Information Technology sector was the top-gaining sector, gaining 0.45% respectively in their index values. A-REIT and Consumer Discretionary sectors were the top-declining sectors, losing 1.35% and 1.26% respectively in their index values.
Weebit Nano Limited (ASX: WBT) and Ramelius Resource Limited (ASX: RMS) were the top gainers, with 5.413% and 3.934% growth in share prices, respectively. Core Lithium Limited (ASX: CXO) and Sayona Mining Limited (ASX: SYA) were the top losers, with 4.348% and 4.167% drop in share prices, respectively.
QBE experienced a 2.2% surge, reaching $15.64, as the general insurer expressed expectations of a 10% growth in gross written premiums for the financial year 2023.
Healius saw a 2.3% increase, reaching $1.33, following the announcement that chairwoman Jenny Macdonald would not seek re-election at the company's 2023 annual general meeting.
Adore Beauty, the cosmetics retailer, witnessed a remarkable 19.3% surge, reaching $1.115, after rejecting a cash offer from British retailer THG in the range of $1.25 to $1.30 per share.
Oil prices stabilized after a three-day decline, with indications that OPEC+ might consider deepening production cuts in its upcoming postponed meeting on Thursday.
The Dow closed with a gain of 0.33%, the S&P 500 increased by 0.06%, while the NASDAQ experienced a slight decline of 0.11%.
On the international front, the Hang Seng showed a decrease of -0.50%, while the FTSE 100 demonstrated a modest increase of 0.06% on the current day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
Customer Notice:
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ASX/200 Closed Lower By 0.76%; Dragged Down by A-REIT
By the end of the trading session on 27 November 2023, the benchmark index S&P/ASX 200 ended lower by 0.76% and settled at 6,987.60. Out of 11 sectors, 10 sectors closed lower along with the ASX 200.
Information Technology sector was the top-gaining sector, gaining 0.45% respectively in their index values. A-REIT and Consumer Discretionary sectors were the top-declining sectors, losing 1.35% and 1.26% respectively in their index values.
Weebit Nano Limited (ASX: WBT) and Ramelius Resource Limited (ASX: RMS) were the top gainers, with 5.413% and 3.934% growth in share prices, respectively. Core Lithium Limited (ASX: CXO) and Sayona Mining Limited (ASX: SYA) were the top losers, with 4.348% and 4.167% 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