ASX/200 Closed Lower By 1.19%; Dragged down by Materials
By the end of the trading session on 7 September 2023, the benchmark index S&P/ASX 200 ended lower by 1.19% and settled at 7,171.00. All 11 sectors closed lower along with the ASX 200.
Materials and Energy sectors were the top-declining sectors, gaining 3.04% and 1.49% respectively in their index values.
Liontown Resources Limited (ASX: LTR) and Chalice Mining Limited (ASX: CHN) were the top gainers, with 9.025% and 7.931% growth in share prices, respectively. Super Retail Group Limited (ASX: SUL) and The Star Entertainment Limited (ASX: WAF) were the top losers, with 7.579% and 5.700% drop in share prices, respectively.
The CEO of Australia's second-largest superannuation fund has announced his resignation from the position, effective next year.
Transport Minister Catherine King has faced criticism from opposition finance spokeswoman Jane Hume for not providing a clear explanation of how blocking Qatar Airways' request for expanded flight access to Australia serves the national interest.
Qantas shares experienced a 2.3 percent drop, reaching their lowest point since October of the previous year.
The Biden administration has reversed a decision made by the Trump administration by canceling seven oil and gas leases for the Alaska Arctic National Wildlife Refuge.
Market updates indicate that the Dow Jones Industrial Average closed down by 0.57%, the S&P 500 decreased by 0.70%, and the NASDAQ experienced a decline of 1.06%.
The Hang Seng index recorded a decline of -1.19%, while the FTSE 100 index also registered a decrease of -0.16% on the current day.
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.
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ASX/200 Closed Lower By 1.19%; Dragged down by Materials
By the end of the trading session on 7 September 2023, the benchmark index S&P/ASX 200 ended lower by 1.19% and settled at 7,171.00. All 11 sectors closed lower along with the ASX 200.
Materials and Energy sectors were the top-declining sectors, gaining 3.04% and 1.49% respectively in their index values.
Liontown Resources Limited (ASX: LTR) and Chalice Mining Limited (ASX: CHN) were the top gainers, with 9.025% and 7.931% growth in share prices, respectively. Super Retail Group Limited (ASX: SUL) and The Star Entertainment Limited (ASX: WAF) were the top losers, with 7.579% and 5.700% 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