ASX 200 Ended Lower By 1.42%; Dragged Down By Energy And Utilities Sectors
By the end of the trading session on 07 September 2022, the benchmark index S&P/ASX 200 ended lower by 1.42% and settled at 6,729.30. Out of 11 sectors, 9 sectors closed lower along with the ASX 200.
The Information Technology and Healthcare sectors were the top 2 gaining sectors, gained 0.33% and 0.17% in their index values. On the other hand, the Energy and Utilities sectors were the top 2 declining sectors, declined by 2.88% and 2.11% in their index values.
Resmed Inc (ASX: RMD) and Appen Limited (ASX: APX) were the top gainers, with 4.230% and 3.591% growth in share prices, respectively. On the other hand, Chalice Mining Limited (ASX: CHN) and Insignia Financial Ltd (ASX: IFL) were the top losers, with a 13.044% and 7.101% drop in share prices, respectively.
S&P/ASX 200 declined, tracked Wall Street from the previous session amid concerns that aggressive rate rises will weigh on global growth and weaken demand for commodities.
The energy sector was the biggest laggard, dropping 2.9% as the price of US oil sank below $US86 a barrel and to its lowest level since January.
According to the Australian Bureau of Statistics data, Australia's Gross domestic product rose 0.9% in the June quarter, following a revised 0.7% in March.
Imugene Limited's share price is gaining after the company has appointed Dr. Jakob Dupont as a Non-Executive Director.
Oil prices fell further today, erasing all of the week's gains as concerns over sluggish crude demand outweighed what was seen as a nominal supply cut by the OPEC+.
The 10-year US treasury yield increased 16 basis points to 3.35%.
Dow has closed down 0.6%, S&P 500 down by 0.4%, and NASDAQ closed lower by 0.7%.
Hang Seng is down by 1.45%, and FTSE 100 is up by 0.18%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Lower By 1.42%; Dragged Down By Energy And Utilities Sectors
By the end of the trading session on 07 September 2022, the benchmark index S&P/ASX 200 ended lower by 1.42% and settled at 6,729.30. Out of 11 sectors, 9 sectors closed lower along with the ASX 200.
The Information Technology and Healthcare sectors were the top 2 gaining sectors, gained 0.33% and 0.17% in their index values. On the other hand, the Energy and Utilities sectors were the top 2 declining sectors, declined by 2.88% and 2.11% in their index values.
Resmed Inc (ASX: RMD) and Appen Limited (ASX: APX) were the top gainers, with 4.230% and 3.591% growth in share prices, respectively. On the other hand, Chalice Mining Limited (ASX: CHN) and Insignia Financial Ltd (ASX: IFL) were the top losers, with a 13.044% and 7.101% 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.au