ASX 200 Ended Higher By 0.70%; Lifted By Utilities And Industrials Sectors
By the end of the trading session on 23 November 2022, the benchmark index S&P/ASX 200 ended higher by 0.70% and settled at 7,231.80. Out of 11 sectors, 9 sectors closed higher along with the ASX 200.
The Utilities and Industrials sectors were the top 2 gaining sectors, gained 1.56% and 1.30% in their index values. On the other hand, the Information Technology and A-REIT sectors were the top 2 declining sectors, declined by 1.05% and 0.33% in their index values.
Brainchip Holdings Limited (ASX: BRN) and Chalice Mining Limited (ASX: CHN) were the top gainers, with 6.923% and 6.451% growth in share prices, respectively. On the other hand, Wisetech Global Ltd (ASX: WTC) and The Star Entertainment Group Limited (ASX: SGR) were the top losers, with a 6.658% and 5.556% drop in share prices, respectively.
Australian share market closed higher, tracked by Wall Street gains from the previous session, underpinned by a series of primarily positive quarterly results from retailers and dip-buying in big tech and energy following a stumble a day earlier.
Qantas Airways Limited’s share price rose after lifting its half-year profit to AU$1.45 billion as consumers prioritise travel ahead of other spending. The new profit guidance denotes an AU$150 million increase to the profit range given in early October 2022.
New Zealand’s central bank has increased the pace of its aggressive policy tightening with an unprecedented 0.75 percentage point interest rate increase to tame inflation that reached 7.2% in the September quarter.
Oil prices rose further today, followed by data showed that U.S. crude inventories declined significantly in the past week. However, introducing new anti-COVID curbs in major Chinese cities put a lid on gains.
Dow has closed up by 1.18%, S&P 500 up by 1.36%, and NASDAQ closed higher by 1.36%.
Hang Seng is up by 1.01%, and FTSE 100 is up by 1.03%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Higher By 0.70%; Lifted By Utilities And Industrials Sectors
By the end of the trading session on 23 November 2022, the benchmark index S&P/ASX 200 ended higher by 0.70% and settled at 7,231.80. Out of 11 sectors, 9 sectors closed higher along with the ASX 200.
The Utilities and Industrials sectors were the top 2 gaining sectors, gained 1.56% and 1.30% in their index values. On the other hand, the Information Technology and A-REIT sectors were the top 2 declining sectors, declined by 1.05% and 0.33% in their index values.
Also read-: Mid-Market: S&P/ASX 200 Trading Higher By 0.82%; QAN Upgraded Its Profit Guidance
Brainchip Holdings Limited (ASX: BRN) and Chalice Mining Limited (ASX: CHN) were the top gainers, with 6.923% and 6.451% growth in share prices, respectively. On the other hand, Wisetech Global Ltd (ASX: WTC) and The Star Entertainment Group Limited (ASX: SGR) were the top losers, with a 6.658% and 5.556% 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