ASX/200 Closed Lower by 0.44%, Dragged down by A-REIT

By the end of the trading session on 11 April 2024, the benchmark index S&P/ASX 200 ended lower by 0.44% and settled at 7,813.60. Out of 11 sectors, 08 closed lower along with the ASX 200.

Energy and Materials sectors were the top-gaining sectors, gaining 1.13% and 0.61% respectively in their index values. On the other hand, A-REIT and Healthcare sectors were the top-losing sectors, losing 1.79% and 0.94% respectively in their index values.

Karoon Energy Limited (ASX: KAR) and Computershare Limited (ASX: CPU) were the top gainers, with 8.823% and 7.671% growth in share prices, respectively. On the other hand, Netwealth Growth Limited (ASX: NWL) and Healius Limited (ASX: HLS) were the top losers, with 5.030% and 4.652% drop in share prices, respectively.

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Top gainer for the day:

• Energy (Up 1.13%)
• Materials (Up 0.61%)

Top loser for the day:

• A-REIT (Down 1.79%)
• Healthcare (Down 0.94%)

Other Factors influencing the market:

• NextDC, a data centre operator, remained in a trading halt while preparing to raise $1.3 billion at $15.40 per share, representing a 6.8% discount from its last closing price of $16.52.
• Energy Resources, a uranium hopeful, surged by 5.6% as spot uranium prices reached $87.50 per pound on Thursday.
• The Australian dollar depreciated by 1.7% to $0.651 against the US dollar amid concerns over US inflation, prompting traders to sell government bonds and drive up interest rate forecasts.
• Oil and gas producers saw gains as benchmark Brent crude oil futures rose by 0.2% to surpass $90 per barrel at the market close.
• The Dow Jones Industrial Average declined by 1.09%, the S&P 500 by 0.95%, and the NASDAQ by 0.84%.
• The Hang Seng Index fell by 0.44%, while the FTSE 100 rose by 0.33% on the same day.

Top 5 Gainers and Losers Scoreboard:

90-Day Average Volume Outlier:

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