ASX 200 Ended Higher By 0.14%, Ahead of Fed Decision
By the end of the trading session on 02 November 2022, the benchmark index S&P/ASX 200 ended higher by 0.14% and settled at 6,986.70. Out of 11 sectors, 7 sectors closed lower despite the gain in the ASX 200.
The Materials and Energy sectors were the top 2 gaining sectors, gained 1.13% and 1.12% in their index values. On the other hand, the A-REIT and Information Technology sectors were the top 2 declining sectors, declined by 1.65% and 1.34% in their index values.
Coronado Global Resources Limited (ASX: CRN) and Perpetual Limited (ASX: PPT) were the top gainers, with 8.808% and 5.531% growth in share prices, respectively. On the other hand, Domino’s Pizza Enterprise Limited (ASX: DMP) and Cromwell Property Group (ASX: CMW) were the top losers, with a 5.333% and 4.828% drop in share prices, respectively.
S&P/ASX 200 closed higher, gained by 0.14%, ahead of an expected fourth straight 0.75 percentage point rate rise by the Federal Reserve on Thursday morning.
Amcor shares dropped 4.3% even though the company reported overall sales revenue for the September quarter rose by 9% to US$3.7 billion, with net income up 15% to US$232 million.
Lake Resources Limited’s share price gained following the company announced that the Kachi site in Argentina is now processing brines with final plant optimisation nearly finished.
A jump in U.S. monthly job openings has frightened the Federal Reserve another confusing bit of data for its policy meeting this week, with more evidence that rapid interest rate increases have yet to bite hard in the real economy.
Oil prices rose today after industry data showed a surprise drop in U.S. crude stockpiles, suggesting demand is holding up despite steep interest rate hikes dampening global growth.
Dow has closed down by 0.2%, S&P 500 down by 0.4%, and NASDAQ closed lower by 0.9%.
Hang Seng is up by 2.46%, and FTSE 100 is up by 1.29%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Higher By 0.14%, Ahead of Fed Decision
By the end of the trading session on 02 November 2022, the benchmark index S&P/ASX 200 ended higher by 0.14% and settled at 6,986.70. Out of 11 sectors, 7 sectors closed lower despite the gain in the ASX 200.
The Materials and Energy sectors were the top 2 gaining sectors, gained 1.13% and 1.12% in their index values. On the other hand, the A-REIT and Information Technology sectors were the top 2 declining sectors, declined by 1.65% and 1.34% in their index values.
Coronado Global Resources Limited (ASX: CRN) and Perpetual Limited (ASX: PPT) were the top gainers, with 8.808% and 5.531% growth in share prices, respectively. On the other hand, Domino’s Pizza Enterprise Limited (ASX: DMP) and Cromwell Property Group (ASX: CMW) were the top losers, with a 5.333% and 4.828% drop in share prices, respectively.
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Top Performers 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.au