ASX 200 Ended Higher By 1.02%; Lifted By Materials Sector
By the end of the trading session on 12 September 2022, the benchmark index S&P/ASX 200 ended higher by 1.02% and settled at 6,964.50. Out of 11 sectors, 10 sectors closed higher along with the ASX 200.
The Materials and Consumer Discretionary sectors were the top 2 gaining sectors, gained 2.16% and 1.52% in their index values. On the other hand, the Healthcare sector was the only declining sector, declined by 0.26% in its index value.
Nickel Industries Limited (ASX: NIC) and Mesoblast Limited (ASX: MSB) were the top gainers, with 6.703% and 5.814% growth in share prices, respectively. On the other hand, Tyro Payments Limited (ASX: TYR) and Imugene Limited (ASX: IMU) were the top losers, with a 5.091% and 4.256% drop in share prices, respectively.
The materials sector was the top performing sector; BHP Group increased 3.46% to $39.41, Rio Tinto gained 1.78% to $96.040, and Fortescue Metals up by 3.31% to $18.400.
Nickel Industries Limited has gained as the company has upgraded its resource estimate in Indonesia’s Hengjaya mine. Measured resources have more than increased, and indicated resources lifted 20%.
Liontown Resources declined 3.048% following the company announced that it has signed a Letter of Award with Zenith Energy Pty Ltd for the supply of power to the Kathleen Valley Lithium Project in WA for a period of 15 years.
U.K.’s economy grew 0.2% in July, from June, missing forecasts of a 0.4% gain.
After a volatile week, oil prices are lower today as traders gauged concerns over slowing demand and U.S.-led price caps on Russian crude exports.
Dow has closed up 1.2%, S&P 500 up by 1.5%, and NASDAQ closed higher by 2.1%.
Hang Seng is up by 2.69%, and FTSE 100 is up by 1.23%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Higher By 1.02%; Lifted By Materials Sector
By the end of the trading session on 12 September 2022, the benchmark index S&P/ASX 200 ended higher by 1.02% and settled at 6,964.50. Out of 11 sectors, 10 sectors closed higher along with the ASX 200.
The Materials and Consumer Discretionary sectors were the top 2 gaining sectors, gained 2.16% and 1.52% in their index values. On the other hand, the Healthcare sector was the only declining sector, declined by 0.26% in its index value.
Nickel Industries Limited (ASX: NIC) and Mesoblast Limited (ASX: MSB) were the top gainers, with 6.703% and 5.814% growth in share prices, respectively. On the other hand, Tyro Payments Limited (ASX: TYR) and Imugene Limited (ASX: IMU) were the top losers, with a 5.091% and 4.256% 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