ASX 200 Ended Higher By 1.75%; All 11 Sectors Closed In Green
By the end of the trading session on 14 October 2022, the benchmark index S&P/ASX 200 ended higher by 1.75% and settled at 6,758.80. All 11 sectors closed higher along with the ASX 200. The Energy and Utilities sectors were the top 2 gaining sectors, gained 3.75% and 3.57% in their index values.
Virgin Money UK PLC (ASX: VUK) and Domino’s Pizza Enterprises Limited (ASX: DMP) were the top gainers, with 9.523% and 7.600% growth in share prices, respectively. On the other hand, Pilbara Minerals Limited (ASX: PLS) and Harvey Norman Holdings Limited (ASX: HVN) were the top losers, with a 5.061% and 3.856% drop in share prices, respectively.
Australian share market closed higher after Wall Street took a wild ride on the back of U.S. inflation hitting a 40-year high, solidifying the chances of a steep Federal Reserve interest rate hike.
UK-exposed financials Virgin Money and Janus Henderson jumped 9% and 6%, respectively, on speculation that Prime Minister Liz Truss is considering a policy U-turn on her controversial tax cut proposal.
U.S. consumer prices increased more than projected in September, and underlying inflation pressures continued to build up, growing expectations that the Federal Reserve will raise the interest rate by 75 basis points next month.
Oil prices declined today after U.S. crude and gasoline inventories soared, while Saudi Arabia and Washington continued to clash over plans by OPEC+ to decrease production.
Dow has closed up by 2.8%, S&P 500 up by 2.1%, and NASDAQ closed higher by 2.0%.
Hang Seng is up by 3.75%, and FTSE 100 is up by 0.35%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Higher By 1.75%; All 11 Sectors Closed In Green
By the end of the trading session on 14 October 2022, the benchmark index S&P/ASX 200 ended higher by 1.75% and settled at 6,758.80. All 11 sectors closed higher along with the ASX 200. The Energy and Utilities sectors were the top 2 gaining sectors, gained 3.75% and 3.57% in their index values.
Virgin Money UK PLC (ASX: VUK) and Domino’s Pizza Enterprises Limited (ASX: DMP) were the top gainers, with 9.523% and 7.600% growth in share prices, respectively. On the other hand, Pilbara Minerals Limited (ASX: PLS) and Harvey Norman Holdings Limited (ASX: HVN) were the top losers, with a 5.061% and 3.856% drop in share prices, respectively.
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Top Performers 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