ASX/200 Closed lower by 0.00%, Dragged down by Healthcare

By the end of the trading session on 20 June 2024, the benchmark index S&P/ASX 200 ended lower by 0.00% and settled at 7769.40.  Out of 11 sectors, 06 sectors closed lower along with the ASX 200.

A-REIT and Financial were the top-gaining sectors, gaining 0.51% and 0.32% respectively in their index values.  Healthcare and Information Technology were the top-losing sectors, losing 0.98% and 0.52% respectively in their index values.

Helia Group Limited (ASX: HLI) and Strike Energy Limited (ASX: STX) are the top-gaining stocks, gaining 16.167% and 7.500% in their stock prices. On the other hand, Red5 Limited (ASX: RED) and IDP Education Limited (ASX: IEL) went down by 7.866% and 4.882% respectively are the top-losing stocks.

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Top gainer for the day:

• A-REIT (Up by 0.51%)
• Financial (Up by 0.32%)

Top loser for the day:

• Healthcare (Down by 0.98%)
• Information Technology (Down by 0.52%)

Other Factors influencing the market:

• Dexus fell 1.7% to AU$6.43 after announcing an 11.4% reduction in office property valuations for financial 2024.
• Helia Group, a mortgage broker, surged 16.2% to AU$3.88 following news of a potential deal with Commonwealth Bank.
• Shares in junior software company Bigtincan rose 2% after rejecting a takeover bid at 19¢ per share.
• The listing of the ASX’s first bitcoin exchange-traded fund has ignited a price war among Australian cryptocurrency ETF providers, eager to tap into the growing digital asset market.
• Oil prices slightly declined after reaching a seven-week high, due to signs of increasing stockpiles which tempered investor optimism driven by rising equity prices.
• The Hang Seng index dropped 0.57%, while the FTSE 100 index increased by 0.17% today.

Top 5 Gainers and Losers Scoreboard:

90-Day Average Volume Outlier:

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