S&P/ASX 200 Ended Higher By 1.06%; Buoyed by Energy Sector
By the end of the trading session on 16 June 2023, the benchmark index S&P/ASX 200 ended higher by 1.06% and settled at 7,251.20. All 11 sectors closed higher along with the ASX 200.
All the sectors closed higher along with the ASX 200. The Energy and Information Technology sectors were the 2 top gaining sectors, gained 3.34% and 1.63% in its index value.
AGL Energy Limited (ASX: AGL) and Whitehaven Coal Limited (ASX: WHC) were the top gainers, with 9.730% and 8.268% growth in share prices, respectively. On the other hand, The Star Entertainment Group Limited (ASX: SGR) and Collins Foods Limited (ASX: CKF) were the top losers, with a 5.406% and 3.027% drop in share prices, respectively.
Asset manager MA Financial has significantly increased its investment in Splend, Australia's largest vehicle subscription provider for rideshare drivers, according to insider sources.
Mineral Resources has reported a substantial natural gas discovery at its North Erregulla Deep 1 well.
AGL experienced a notable surge of 9.7%, with its shares reaching $10.60, following an earnings profit upgrade for the current and next financial year.
Despite concerns over higher interest rates in the US and Europe, oil remained stable in Asia after experiencing the largest jump in six weeks. The weaker dollar and expectations of further stimulus in China outweighed these concerns.
The Dow closed with a 1.26% increase, the S&P 500 saw a 1.22% rise, and the NASDAQ ended the day higher by 1.15%.
The Hang Seng index demonstrated a 1.38% increase, while the FTSE 100 showed a rise of 0.34% during today's trading session.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
Customer Notice:
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S&P/ASX 200 Ended Higher By 1.06%; Buoyed by Energy Sector
By the end of the trading session on 16 June 2023, the benchmark index S&P/ASX 200 ended higher by 1.06% and settled at 7,251.20. All 11 sectors closed higher along with the ASX 200.
All the sectors closed higher along with the ASX 200. The Energy and Information Technology sectors were the 2 top gaining sectors, gained 3.34% and 1.63% in its index value.
AGL Energy Limited (ASX: AGL) and Whitehaven Coal Limited (ASX: WHC) were the top gainers, with 9.730% and 8.268% growth in share prices, respectively. On the other hand, The Star Entertainment Group Limited (ASX: SGR) and Collins Foods Limited (ASX: CKF) were the top losers, with a 5.406% and 3.027% drop in share prices, respectively.
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