ASX 200 Ended Higher By 0.24%; Lifted By Utilities And A-REIT Sectors
By the end of the trading session on 25 November 2022, the benchmark index S&P/ASX 200 ended higher by 0.24% and settled at 7,259.50. Out of 11 sectors, 9 sectors closed higher along with the ASX 200.
The Utilities and A-REIT sectors were the top 2 gaining sectors, gained 1.40% and 1.22% in their index values. On the other hand, the Materials and Energy sectors were the top 2 declining sectors, declined by 1.06% and 0.29% in their index values.
Nanosonics Limited (ASX: NAN) and Ramelius Resources Limited (ASX: RMS) were the top gainers, with 11.057% and 6.936% growth in share prices, respectively. On the other hand, Allkem Limited (ASX: AKE) and Pilbara Minerals Limited (ASX: PLS) were the top losers, with an 8.606% and 6.695% drop in share prices, respectively.
S&P/ASX 200 closed higher, followed by gains in the Europe market on hopes that the U.S. Federal Reserve is nearing an end to its rate-rising cycle.
Gold prices rose and were headed for little gains this week as optimism over the outlook of smaller interest rate hikes by the U.S. Federal Reserve offset worsening economic indicators.
Virgin Money UK Plc's share price rose today after its profits increased in the higher interest rate environment.
Tokyo core Consumer Price Index inflation gained more than anticipated to a 40-year high in November, data showed today, signaling a similar rise in national inflation as the Japanese economy struggles with a weakening yen and increased raw material prices.
Oil prices gained today, taking support from a decline in the dollar on some dovish signals from the Federal Reserve, but were headed for steep weekly losses as the outlook for demand worsened and as concerns over tightening supply eased.
U.S. markets were closed for Thanksgiving.
Hang Seng is up by 0.78%, and FTSE 100 is up by 0.02%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Higher By 0.24%; Lifted By Utilities And A-REIT Sectors
By the end of the trading session on 25 November 2022, the benchmark index S&P/ASX 200 ended higher by 0.24% and settled at 7,259.50. Out of 11 sectors, 9 sectors closed higher along with the ASX 200.
The Utilities and A-REIT sectors were the top 2 gaining sectors, gained 1.40% and 1.22% in their index values. On the other hand, the Materials and Energy sectors were the top 2 declining sectors, declined by 1.06% and 0.29% in their index values.
Also read-: Mid-Market: S&P/ASX 200 Trading Higher By 0.26%; Led By Consumer Discretionary And Utilities Sectors
Nanosonics Limited (ASX: NAN) and Ramelius Resources Limited (ASX: RMS) were the top gainers, with 11.057% and 6.936% growth in share prices, respectively. On the other hand, Allkem Limited (ASX: AKE) and Pilbara Minerals Limited (ASX: PLS) were the top losers, with an 8.606% and 6.695% 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