ASX 200 Ended Lower By 0.45%, Dragged Down By Utilities and Materials Sectors
By the end of the trading session on 12 December 2022, the benchmark index S&P/ASX 200 ended lower by 0.45% and settled at 7,180.80. Out of 11 sectors, 7 sectors closed lower along with the ASX 200.
The Energy and A-REIT sectors were the gaining sectors, gained 1.22% and 0.34% respectively in their index values. On the other hand, Utilities and Materials sectors were the top 2 declining sectors, declined by 4.27% and 1.49% in their index values.
Brainchip Holdings Ltd. (ASX: BRN) and Megaport Limited (ASX: MP1) were the top gainers, with 9.375% and 4.024% growth in share prices, respectively. On the other hand, Nanosonics Limited (ASX: NAN) and Origin Energy Limited (ASX: ORG) were the top losers, with a 9.918% and 7.821% drop in share prices, respectively.
S&P/ASX 200 closed lower by 0.45% to 7180.80, dragged down by the Utilities and Materials sectors by 4.27% and 1.49%, respectively.
Gas stocks declined amid federal government intervention in the gas market. Origin Energy dropped by 7.821%, and AGL Energy dropped by 2.624%.
The European Central Bank is anticipated to increase the interest rates to control the stubborn inflation instead of predicting a recession in the Eurozone.
Japan's wholesale price rose 9.3% from last year, but it is almost unchanged from last month, which indicates that inflation peaked amid easing global commodity prices.
Gold prices fell slightly below the key level amid US inflation data and the Federal Reserve meeting, while there was an increase in covid 19 cases in China.
Oil prices rose more than 1% amid key pipeline remains closed while Russia threatened to cut production over the western price cap on Russian oil.
Dow has closed down by 0.90%, S&P 500 closed down by 0.73%, and NASDAQ closed down by 0.70%.
Hang Seng is down by 2.19%, and FTSE 100 is up by 0.06%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Lower By 0.45%, Dragged Down By Utilities and Materials Sectors
By the end of the trading session on 12 December 2022, the benchmark index S&P/ASX 200 ended lower by 0.45% and settled at 7,180.80. Out of 11 sectors, 7 sectors closed lower along with the ASX 200.
The Energy and A-REIT sectors were the gaining sectors, gained 1.22% and 0.34% respectively in their index values. On the other hand, Utilities and Materials sectors were the top 2 declining sectors, declined by 4.27% and 1.49% in their index values.
Also read: Mid-Market: S&P/ASX 200 Trading Lower By 0.52%; Weighed Down By Heavy Losses In Utilities Sector
Brainchip Holdings Ltd. (ASX: BRN) and Megaport Limited (ASX: MP1) were the top gainers, with 9.375% and 4.024% growth in share prices, respectively. On the other hand, Nanosonics Limited (ASX: NAN) and Origin Energy Limited (ASX: ORG) were the top losers, with a 9.918% and 7.821% 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