By the end of the day's trade on 3 February 2022, ASX 200 settled in the red zone after a good uptrend in the last two days. The benchmark index slipped by 0.137% and settled at 7078. The index settled lower on 3 February 2022 because of profit booking in technology and mixed performance of all other indices on ASX on the back of mixed global sentiments. Indices like Utilities and Materials sectors were amongst the strong performers for the day, with a significant gain of near 1.5% in their respective index values. The Utilities sector was the top gainer, with a rise of 1.63% in the index value. On the other hand information technology sector slipped below heavily by 5.88%.
In the past five days, the index has gained 3.5%. However, it has slipped 4.92% over the last 52-weeks.
Top performing Sectors for the day:
Utilities (Up: 1.63%)
Materials (Up: 1.50%)
Telecommunication services (Up: 0.26%)
Worst performing sectors for the day:
Information Technology (Down: 5.88%)
Healthcare (Down: 1.51%)
Industrial (Down: 0.71%)
Top Gainers and Losers:
On 3 February 2022, Nufarm Limited (ASX: NFM) and Insignia Financial LTD (ASX: IFL) were amongst the top gainers on ASX 200. At the same time, Novonix Limited (ASX: NVX) and Zip Co Limited (ASX: Z1P) were the top two losers on ASX.
NFM shares surged as the company announced Q1FY22 revenue update, which has increased by 36% in compare of Q1FY21. On the other hand, NVX shares declined due to a notice issues by the company, and the weak performance of Technology sector.
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 Maven Capital Pty Ltd (AFSL No. 418504). The information contained in this article 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.
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Market Close Commentary: 3 February 2022
By the end of the day's trade on 3 February 2022, ASX 200 settled in the red zone after a good uptrend in the last two days. The benchmark index slipped by 0.137% and settled at 7078. The index settled lower on 3 February 2022 because of profit booking in technology and mixed performance of all other indices on ASX on the back of mixed global sentiments. Indices like Utilities and Materials sectors were amongst the strong performers for the day, with a significant gain of near 1.5% in their respective index values. The Utilities sector was the top gainer, with a rise of 1.63% in the index value. On the other hand information technology sector slipped below heavily by 5.88%.
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In the past five days, the index has gained 3.5%. However, it has slipped 4.92% over the last 52-weeks.
Top performing Sectors for the day:
Worst performing sectors for the day:
Top Gainers and Losers:
On 3 February 2022, Nufarm Limited (ASX: NFM) and Insignia Financial LTD (ASX: IFL) were amongst the top gainers on ASX 200. At the same time, Novonix Limited (ASX: NVX) and Zip Co Limited (ASX: Z1P) were the top two losers on ASX.
NFM shares surged as the company announced Q1FY22 revenue update, which has increased by 36% in compare of Q1FY21. On the other hand, NVX shares declined due to a notice issues by the company, and the weak performance of Technology sector.
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 Maven Capital Pty Ltd (AFSL No. 418504). The information contained in this article 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, Suite 1A, Level 2, 802-808 Pacific Highway, Gordon NSW 2072, Australia | 1800 005 780 | info@kapitales.com.au.au