ASX 200 Ended Higher By 0.05%; Buoyed by IT and Energy Sectors
By the end of the trading session on 09 March 2023, the benchmark index S&P/ASX 200 ended higher by 0.05% and settled at 7,311.10. Out of 11 sectors, 8 sectors closed higher along with the ASX 200.
Information Technology and Energy sectors were the top-gaining sectors, gaining 2.71% and 1.37% respectively in their index values. Healthcare and Material Sectors were the top declining sector, declined by 1.52% and 0.88% in their index values.
Xero Limited (ASX: XRO) and New Hope Corporation Limited (ASX: NHC) were the top gainers, with 10.658% and 5.626% growth in share prices, respectively. On the other hand, Imugene Limited (ASX: IMU) and Perpetual Limited (ASX: PPT) were the top losers, with 3.704% and 3.372% drop in share prices, respectively.
S&P/ASX 200 closed marginally higher, tracked Wall Street as Federal Reserve Chairman Jerome Powell stepped back slightly from a more hawkish message that rates were set to rise faster.
Xero Limited’s share price gained today following the company announced that it would cut up to 700-800 jobs to improve profitability, representing about 15% of its total headcount.
On Thursday, oil prices remained stable within a narrow range after experiencing significant declines over the past two days. The market was influenced by moderate demand signals from China and the perception of the United States' interest rates becoming more hawkish.
Dow has closed down by 0.18%, S&P 500 up by 0.14%, and NASDAQ ended higher by 0.40%.
As of today, the Hang Seng has increased by 0.33% while the FTSE 100 has gone up by 0.13%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Higher By 0.05%; Buoyed by IT and Energy Sectors
By the end of the trading session on 09 March 2023, the benchmark index S&P/ASX 200 ended higher by 0.05% and settled at 7,311.10. Out of 11 sectors, 8 sectors closed higher along with the ASX 200.
Information Technology and Energy sectors were the top-gaining sectors, gaining 2.71% and 1.37% respectively in their index values. Healthcare and Material Sectors were the top declining sector, declined by 1.52% and 0.88% in their index values.
Xero Limited (ASX: XRO) and New Hope Corporation Limited (ASX: NHC) were the top gainers, with 10.658% and 5.626% growth in share prices, respectively. On the other hand, Imugene Limited (ASX: IMU) and Perpetual Limited (ASX: PPT) were the top losers, with 3.704% and 3.372% drop in share prices, respectively.
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Top Gainers for the day:
Top Losers for the day:
Other Factors influencing the market:
Top 5 Gainers and Losers Scoreboard:
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