ASX 200 Ended Higher By 0.60%, Tracked Wall Street
By the end of the trading session on 07 November 2022, the benchmark index S&P/ASX 200 ended higher by 0.60% and settled at 6,933.70. Out of 11 sectors, 8 sectors closed higher along with the gain in the ASX 200.
The Materials and Energy sectors were the top 2 gaining sectors, gained 3.71% and 1.35% in their index values. On the other hand, the Information Technology and Financials sectors were the top 2 declining sectors, declined by 2.17% and 1.43% in their index values.
Capricorn Metals Ltd (ASX: CMM) and Evolution Mining Limited (ASX: EVT) were the top gainers, with 10.000% and 6.965% growth in share prices, respectively. On the other hand, Coronado Global Resources Limited (ASX: CRN) and Wisetech Global Limited (ASX: WTC) were the top losers, with a 7.049% and 5.780% drop in share prices, respectively.
Australian share market closed higher today as Wall Street surged as commodities rallied on hopes China is poised to ease at least some of its COVID-19 restrictions.
Coronado Global Resources Limited’s share price declined after the company called off the merger talks with Peabody.
Oil prices fell today amid growing concerns over demand after major importer China reiterated its commitment to maintaining its economically disruptive zero-COVID policy, as it faces its worst outbreak in nearly six months.
Gold miners were among the best performers; Gold Road Resources jumped 6.8% to $1.40 and Evolution Mining jumped 7% to $2.15.
Westpac Banking’s share price dropped following the company reported a decline in its full-year cash profit.
Dow has closed up by 1.3%, S&P 500 up by 1.4%, and NASDAQ closed higher by 1.3%.
Hang Seng is up by 2.62%, and FTSE 100 is up by 2.03%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Higher By 0.60%, Tracked Wall Street
By the end of the trading session on 07 November 2022, the benchmark index S&P/ASX 200 ended higher by 0.60% and settled at 6,933.70. Out of 11 sectors, 8 sectors closed higher along with the gain in the ASX 200.
The Materials and Energy sectors were the top 2 gaining sectors, gained 3.71% and 1.35% in their index values. On the other hand, the Information Technology and Financials sectors were the top 2 declining sectors, declined by 2.17% and 1.43% in their index values.
Capricorn Metals Ltd (ASX: CMM) and Evolution Mining Limited (ASX: EVT) were the top gainers, with 10.000% and 6.965% growth in share prices, respectively. On the other hand, Coronado Global Resources Limited (ASX: CRN) and Wisetech Global Limited (ASX: WTC) were the top losers, with a 7.049% and 5.780% 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