ASX/200 Closed lower by 0.15%; dragged down by Healthcare
By the end of the trading session on 13 February 2024, the benchmark index S&P/ASX 200 ended lower by 0.15% and settled at 7,603.60. Out of 11 sectors, 07 closed lower along with the ASX 200.
Utilities and Financial sectors were the top- gaining sectors, gaining 0.71% and 0.32% respectively in their index values. On the other hand, Healthcare and Telecommunications Services sector was the top-losing sector, losing 1.64% and 1.12% respectively in their index values.
Challenger Limited (ASX: CGF) and Beach Energy Limited (ASX: BPT) were the top gainers, with 8.358% and 6.725% growth in share prices, respectively. Strike Energy Limited (ASX: STX) and Breville Group Limited (ASX: BRG) were the top losers, with 25.000% and 8.492% drop in share prices, respectively.
Seek's stock price declined by 4.6% to $25.62 following a decrease in profits and a return of customer volumes to pre-pandemic levels.
Seven West Media experienced an 11% drop in its share price to 24.5¢ after announcing a 53% decrease in TV advertising revenue.
James Hardie, a building products company, saw its stock price fall by 8.5% to $54.19 despite expecting similar volume results, as it reported a lower net profit margin for the March quarter compared to the preceding three months.
Oil futures remained relatively stable on Monday amid concerns regarding interest rates and global demand, following a 6% increase in prices the previous week due to apprehensions over potential supply disruptions from Middle East tensions.
The Dow closed with a 0.33% gain, while the S&P 500 ended slightly down by 0.09%, and the NASDAQ saw a decrease of 0.30%.
The Hang Seng index dropped by -0.83%, whereas the FTSE 100 experienced a marginal increase of 0.01% for the day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
Customer Notice:
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ASX/200 Closed lower by 0.15%; dragged down by Healthcare
By the end of the trading session on 13 February 2024, the benchmark index S&P/ASX 200 ended lower by 0.15% and settled at 7,603.60. Out of 11 sectors, 07 closed lower along with the ASX 200.
Utilities and Financial sectors were the top- gaining sectors, gaining 0.71% and 0.32% respectively in their index values. On the other hand, Healthcare and Telecommunications Services sector was the top-losing sector, losing 1.64% and 1.12% respectively in their index values.
Challenger Limited (ASX: CGF) and Beach Energy Limited (ASX: BPT) were the top gainers, with 8.358% and 6.725% growth in share prices, respectively. Strike Energy Limited (ASX: STX) and Breville Group Limited (ASX: BRG) were the top losers, with 25.000% and 8.492% 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