ASX 200 Ended Lower By 0.25%; Weighed Down By Tech And A-REIT Sectors
By the end of the trading session on 06 April 2023, the benchmark index S&P/ASX 200 ended lower by 0.25% and settled at 7,219.00. Out of 11 sectors, 3 sectors closed higher along with the ASX 200.
Healthcare and Utilities sectors were the top-gaining sectors, gaining 1.57% and 1.06% respectively in their index values. Information Technology and A-REIT Sectors were the top declining sector, declining 2.64% and 1.58% in their respective index values.
Imugene Limited (ASX: IMU) and Silver Lake Resources Limited (ASX: SLR) were the top gainers, with 7.142% and 4.081% growth in share prices, respectively. On the other hand, Novonix Limited (ASX: NVX) and Inghams Group Limited (ASX: ING) were the top losers, with 7.852% and 5.587% drop in share prices, respectively.
Elanor Investors Group, a property fund manager listed on the ASX, has undergone a significant transformation after securing a deal with Challenger to oversee the real estate assets of the $4 billion wealth management giant.
The Reserve Bank of Australia has opted to keep its interest rates steady for the time being, as the bank's board monitors the impact of the ten previous rate increases, recognizing that it will take some time for the tightening to have an effect on the broader economy.
Crude oil settled down by -0.21% at 6605 as the market weighed the deteriorating economic outlook against projections of declining US crude inventories. The decline in job openings in the US in February to the lowest level in nearly two years suggests that the labor market is cooling.
The Dow rose by 0.24%, while the S&P 500 decreased by 0.25%, and the NASDAQ closed lower by 1.07%.
The Hang Seng has fallen by 0.50%, while the FTSE 100 is up 0.37% today.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Lower By 0.25%; Weighed Down By Tech And A-REIT Sectors
By the end of the trading session on 06 April 2023, the benchmark index S&P/ASX 200 ended lower by 0.25% and settled at 7,219.00. Out of 11 sectors, 3 sectors closed higher along with the ASX 200.
Healthcare and Utilities sectors were the top-gaining sectors, gaining 1.57% and 1.06% respectively in their index values. Information Technology and A-REIT Sectors were the top declining sector, declining 2.64% and 1.58% in their respective index values.
Imugene Limited (ASX: IMU) and Silver Lake Resources Limited (ASX: SLR) were the top gainers, with 7.142% and 4.081% growth in share prices, respectively. On the other hand, Novonix Limited (ASX: NVX) and Inghams Group Limited (ASX: ING) were the top losers, with 7.852% and 5.587% drop in share prices, respectively.
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Top Gainers for the day:
Top Losers 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