ASX/200 Closed Higher by 0.44%, Lifted by Informatiom Technology

By the end of the trading session on 13 June 2024, the benchmark index S&P/ASX 200 ended higher by 0.44% and settled at 7,749.70.  Out of 11 sectors, 09 sectors closed higher along with the ASX 200.

Infiormation Technology and Healthcare were the top-gaining sectors, gaining 2.14% and 1.60% respectively in their index values. On the other hand, Energy and Materials were the top-losing sectors, losing 0.64% and 0.48% respectively in their index values.

Nanosonics Limited (ASX: NAN) and Polynovi Limited (ASX: PNV) are the top-gaining stocks, gaining 4.561% and 3.964% in their stock prices. On the other hand, ASX Limited (ASX: ASX) and Liontown Resources Limited (ASX: LTR) are the top-losing stocks and are declining by 8.007% and 4.825% respectively in their stock prices.

Copyright © 2022 Kapitales Research

Top gainer for the day:

• Information Technology (Up 2.14%)
• Healthcare (Up 1.60%)

Top loser for the day:

• Energy (Down 0.64%)
• Materials (Down 0.48%)

Other Factors influencing the market:

• The Australian unemployment rate has slipped down to 4%, lowering expectations of a rise to 4.2% earlier.
• Sigma, a pharmacy group, saw a decline of 3.7%, falling to AU$1.16, following concerns raised by the competition regulator regarding its planned AU$8.8 billion merger with Chemist Warehouse.
• The entire ASX gold sector received a significant boost from UBS, with several gold stocks experiencing notable changes in short interest and price targets.
• Oil prices have experienced a significant increase today. According to the latest data, the WTI crude oil price is up 0.85% to US$78.57 a barrel, and the Brent crude oil price is up 0.8% to US$82.60 a barrel.
• The Dow Jones Industrial Average closed down by 0.09%, the S&P 500 gained 1.11%, and the NASDAQ increased by 1.53%.
• The Hang Seng Index declined by 0.80% and the FTSE 100 surged by 0.61% today.

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