ASX 200 Ended Lower By 0.21%; 9 Out Of 11 Sectors Closed Lower
By the end of the trading session on 21 February 2023, the benchmark index S&P/ASX 200 ended lower by 0.21% and settled at 7,336.30. Out of 11 sectors, 9 sectors closed lower along with the ASX 200.
The Materials and Energy sectors were the top gaining sectors, gained 0.61% and 0.35% respectively in their index values. The Telecommunication Services and Information Technology Sectors were the top 2 declining sectors, declined 1.18% and 1.10% respectively in their index values.
Johns Lyng Group Limited (ASX: JLG) and Hub24 Limited (ASX: HUB) were the top gainers, with 13.214% and 7.740% rise in share prices, respectively. On the other hand, Ingenia Communities Group (ASX: ING) and Monadelphous Group Limited (ASX: MND) were the top losers, with 13.420% and 8.811% drop in share prices respectively.
Johns Lyng Group Limited had been the top gaining stock of the day after the company had upgraded its FY23 revenue and EBITDA guidance by 11.2% and 5.5%, respectively, after providing solid earnings growth for the first half of the year.
Ingenia Communities, a housing group, experienced a sharp decline in its share price by approx. 13%, dropping to AU$4.00 due to a downgrade in its FY23 guidance. In the first half, the company's statutory profit plummeted by 16%, amounting to AU$33.7 million.
Viva Energy's share price declined, after it has achieved a record EBITDA (on a replacement cost basis) of AU$1.1 billion in the fiscal year that ended December 31, representing a 122% increase from the previous year, but missed market expectations.
The prices of oil experienced a sharp decline, reversing a recent upswing. This occurred as the markets braced themselves for multiple indications on U.S. monetary policy for the week, and the strength of the dollar exerted additional pressure.
Dow closed up by 0.38%, S&P 500 down by 0.28%, and NASDAQ ended lower by 0.58%.
The Hang Seng has decreased by 1.65% while the FTSE 100 has shown an increase of 0.12% for today.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Lower By 0.21%; 9 Out Of 11 Sectors Closed Lower
By the end of the trading session on 21 February 2023, the benchmark index S&P/ASX 200 ended lower by 0.21% and settled at 7,336.30. Out of 11 sectors, 9 sectors closed lower along with the ASX 200.
The Materials and Energy sectors were the top gaining sectors, gained 0.61% and 0.35% respectively in their index values. The Telecommunication Services and Information Technology Sectors were the top 2 declining sectors, declined 1.18% and 1.10% respectively in their index values.
Johns Lyng Group Limited (ASX: JLG) and Hub24 Limited (ASX: HUB) were the top gainers, with 13.214% and 7.740% rise in share prices, respectively. On the other hand, Ingenia Communities Group (ASX: ING) and Monadelphous Group Limited (ASX: MND) were the top losers, with 13.420% and 8.811% drop in share prices respectively.
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Top Gainers 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