ASX/200 Closed lower by 1.37%; Dragged down by Information Technology
By the end of the trading session on 03 January 2023, the benchmark index S&P/ASX 200 ended lower by 1.37% and settled at 7,523.20. All 11 sectors closed lower along with the ASX 200.
Information Technology and A-REIT sectors were the top-losing sectors, losing 2.94% and 2.42% respectively in their index values.
Endeavour Group Limited (ASX: EDV) and Medibank Private Limited (ASX: MPL) were the top gainers, with 2.480% and 1.400% growth in share prices, respectively. Chalice Mining Limited (ASX: CHN) and Gold Road Resource Limited (ASX: GOR) were the top losers, with 9.524% and 8.952% drop in share prices, respectively.
Infratil experienced a modest 0.2% increase, reaching AU$9.30, following CDC Data Centres, a partial ownership of Infratil, confirming its fiscal year 2024 earnings guidance at AU$260 million to AU$270 million.
Suncorp observed a 0.5% rise, reaching AU$13.80, as investors responded positively to early indications suggesting weather-related claims would align with the insurer's natural hazard allowance.
Gold Resources, a gold explorer, saw a 9% decline, settling at AU$1.78, attributed to its 2023 annual production falling at the lower end of the guidance spectrum.
Oil prices stabilized after recent volatility, with ongoing debate among investors regarding potential fuel disruptions from Red Sea tensions and concerns about a global growth slowdown.
The Dow concluded with a 0.07% increase, while the S&P 500 and NASDAQ reported declines of 0.57% and 1.63%, respectively.
The Hang Seng exhibited a -1.17% decline, and the FTSE 100 experienced a modest decrease of -0.15% on the current trading day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
Customer Notice:
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ASX/200 Closed lower by 1.37%; Dragged down by Information Technology
By the end of the trading session on 03 January 2023, the benchmark index S&P/ASX 200 ended lower by 1.37% and settled at 7,523.20. All 11 sectors closed lower along with the ASX 200.
Information Technology and A-REIT sectors were the top-losing sectors, losing 2.94% and 2.42% respectively in their index values.
Endeavour Group Limited (ASX: EDV) and Medibank Private Limited (ASX: MPL) were the top gainers, with 2.480% and 1.400% growth in share prices, respectively. Chalice Mining Limited (ASX: CHN) and Gold Road Resource Limited (ASX: GOR) were the top losers, with 9.524% and 8.952% 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