ASX/200 Closed Higher by 0.66%, Lifted by Financial

By the end of the trading session on 21 January 2025, the benchmark index S&P/ASX 200 closed higher by 0.66% and settled at 8,402.40. Out of 11 sectors, 07 sectors ended higher along with the S&P/ASX 200.

Financial and Matreials are the top-gaining sectors, gaining 1.25% and 0.90% in their index value. On the other hand, Utilities  and A-REIT are the top losing sectors, losing 1.56% and 0.20% in their index value.

Liontown Resources Limited  (ASX: LTR) and Hub24 Limited (ASX: HUB) are the top-gaining stocks, gaining 11.904% and 11.037% in their stock prices. On the other hand, Tabcorp Holdings Limited  (ASX: TAH) and Johns Lyng Group Limited (ASX: JLG) went down by 4.412% and 3.847% respectively are the top-losing stocks.

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Top gainer for the day:

• Financial (Up 1.25%)
• Materials (Up 0.90%)

Top loser for the day:

• Utilities (Up 1.56%)
• A-REIT (Up 0.20%)

Other Factors influencing the market:

• Liontown Resources Ltd (ASX: LTR): Shares surged 11.9% to 71¢ after the company reported a tripling of output during the December quarter.
• Yancoal Australia Ltd (ASX: YAL): Gained 5.6% to $6.28 after producing 36.9 million tonnes of saleable coal in 2024, aligning with its production guidance.
• Santos Ltd (ASX: STO): Shares dropped 2.2% to $7.13 due to delays in its $2 billion-plus oil and gas joint venture in Western Australia. Its minority partner, Carnarvon Energy Ltd (ASX: CVN), saw a sharp decline of 22.6% to 12¢.
• Hub24 Ltd (ASX: HUB): Climbed 11% to $72.43 after reporting record platform net inflows of $5.5 billion for the quarter.
• Bravura Solutions Ltd (ASX: BVS): Shares declined 6.2% to $2.13 after going ex-dividend.
• Oil Market Fluctuations: Oil prices oscillated as traders assessed pledges and orders from US President Donald Trump, including threats of tariffs on Canada and plans to boost domestic energy output.
• US Markets Performance: The Dow Jones Industrial Average rose 0.78%, the S&P 500 gained 1.00%, and the NASDAQ advanced 1.51%.
• Global Markets Update: The Hang Seng Index increased by 0.68%, while the FTSE 100 was up 0.18%.

Top 5 Gainers and Losers Scoreboard

90-Day Average Volume Outlier:

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