ASX/200 Closed Higher by 0.50%, Lifted by Consumer Discretionary

By the end of the trading session on 27 December 2024, the benchmark index S&P/ASX 200 closed higher by 0.50% and settled at 8,261.80. Out of 11 sectors, 08 sectors ended higher along with the S&P/ASX 200.

Consumer Discretionary and Healthcare are the top-gaining sectors, gaining 0.94% and 0.52% in their index value. On the other hand, Utilities and Telecommunications Services are the top-losing sectors, losing 0.20% and 0.14% in their index value.

Clarity Pharmaceutials Limited (ASX: CU6) and Zip Co Limited (ASX: ZIP) are the top-gaining stocks, gaining 6.250% and 5.154% in their stock prices. On the other hand, Kelsian Group Limited (ASX: KLS) and Tabcorp Holdings Limited (ASX: TAH) went down by 2.407% and 1.695% respectively are the top-losing stocks.

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Top gainer for the day:

• Consumer Discretionary (Up 0.94%)
• Healthcare (Up 0.52%)

Top gainer for the day:

• Utilities (Up 0.20%)
• Telecommuniactions Services (Up 0.14%)

Other Factors influencing the market:

• The Australian share market is gaining today capitalizing on the gains in commodity prices to extend their rebound in the first day of trading after the two-day Christmas break.
• The materials sector is trading in green today, led by Rio Tinto climbing 1.2% to $117.50, Fortescue 1% to $18.58 and BHP 0.4% to $39.905.
• Oil prices fell in the previous session, giving up early-day gains that followed growing hopes for fresh stimulus from China that could lift the demand outlook on crude.
• The Dow has closed up by 0.07%, the S&P 500 closed down by 0.04%, and the NASDAQ ended lower by 0.05%.
• Hang Seng is up by 0.23%, and FTSE 100 is up by 0.42%.

Top 5 Gainers and Losers Scoreboard

90-Day Average Volume Outlier:

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