ASX 200 Ended Lower By 0.17%; Dragged Down By Materials And IT Sectors
By the end of the trading session on 21 November 2022, the benchmark index S&P/ASX 200 ended lower by 0.17% and settled at 7,139.30. Out of 11 sectors, 7 sectors closed higher despite the decline in the ASX 200.
The Utilities and Industrials sectors were the top 2 gaining sectors, gained 1.68% and 1.04% in their index values. On the other hand, the Materials and Information Technology sectors were the top 2 declining sectors, declined by 1.56% and 1.30% in their index values.
AGL Energy Limited (ASX: AGL) and Atlas Arteria (ASX: ALX) were the top gainers, with 4.232% and 3.759% growth in share prices, respectively. On the other hand, Nanosonics Limited (ASX: NAN) and Sayona Mining Limited (ASX: SYA) were the top losers, with a 12.228% and 6.618% drop in share prices, respectively.
Nanosonics Limited’s share price declined following broker downgrades.
Lake Resources gained 4.3% to $1.09 following the announcement that a contract amendment has been signed to resolve its dispute with Lilac Solutions.
Healius Limited’s share price declined 4.2% to $3.180 as it denied to comment on reports that it has reached a deal to sell its day hospital business to Queensland Investment Corporation.
The materials sector fell 1.56%, despite easing COVID-19 rules in China and expectations that officials will take more actions to stem an economic downturn that had pushed iron ore prices higher.
The U.S. dollar gained today, boosted by defensive buying as investors remained on edge following a spike in COVID-19 cases in some cities in China that prompted officials to tighten restrictions.
Oil prices declined today, extending steep losses from last week as concerns over rising Chinese COVID-19 infections and a potential global recession dampened the outlook for demand.
Dow has closed up by 0.59%, S&P 500 up by 0.48%, and NASDAQ-100 closed flat.
Hang Seng is down by 2.18%, and FTSE 100 is up by 0.53%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Lower By 0.17%; Dragged Down By Materials And IT Sectors
By the end of the trading session on 21 November 2022, the benchmark index S&P/ASX 200 ended lower by 0.17% and settled at 7,139.30. Out of 11 sectors, 7 sectors closed higher despite the decline in the ASX 200.
The Utilities and Industrials sectors were the top 2 gaining sectors, gained 1.68% and 1.04% in their index values. On the other hand, the Materials and Information Technology sectors were the top 2 declining sectors, declined by 1.56% and 1.30% in their index values.
Also read-: Mid-Market: S&P/ASX 200 Trading Flat; Energy and Materials Sectors Are The Top Declining Sectors
AGL Energy Limited (ASX: AGL) and Atlas Arteria (ASX: ALX) were the top gainers, with 4.232% and 3.759% growth in share prices, respectively. On the other hand, Nanosonics Limited (ASX: NAN) and Sayona Mining Limited (ASX: SYA) were the top losers, with a 12.228% and 6.618% 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