By the end of the day's trade on 31 January 2022, ASX 200 settled in the minor red zone after a bounce back on Friday. The benchmark index slipped 0.236% and settled at 6971.6. The index settled lower on 31 January 2022 because of a mixed performance in the indices on ASX. Indices like Information technology, A-REIT, energy, and consumer discretionary sectors were amongst the strong performers for the day, with a significant gain of more than 1% in their respective index values. The Information technology sector was the top gainer, with a rise of 3.69% in the index value. Meanwhile few sectors were in the red zone like financial, Consumer staples, Material, and Industrials. The most sell off seen in the financial sector which slipped 1.83% today.
In the past five days, the index lost 2.35%. However, it has gained 5.51% over the last 52-weeks.
Top performing Sectors for the day:
Information technology (Up: 3.69%)
A-REIT (Up: 1.42%)
Energy (Up: 1.36%)
Consumer discretionary (Up: 1.25%)
Worst performing sectors for the day:
Financial (Down: 1.83%)
Consumer staples (Down: 1.27%)
Materials (Down: 0.45%)
Top Gainers and Losers:
On 31 January 2022, ARB CORPORATION LIMITED (ASX: ARB) and ZIP CO LIMITED (ASX: Z1P) were amongst the top gainers on ASX 200. At the same time, ANSELL LIMITED (ASX: ANN) and NIB HOLDINGS LIMITED (ASX: NHF) were the top two losers on ASX.
ARB shares surged as the company announced unaudited sales revenue of $359M for 1HY22, representing growth of 26.5%. On the other hand, ANN shares declined due to low margin for the FY22h1 as the company facing Covid-19 related operational challenges.
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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: 31 January 2022
By the end of the day's trade on 31 January 2022, ASX 200 settled in the minor red zone after a bounce back on Friday. The benchmark index slipped 0.236% and settled at 6971.6. The index settled lower on 31 January 2022 because of a mixed performance in the indices on ASX. Indices like Information technology, A-REIT, energy, and consumer discretionary sectors were amongst the strong performers for the day, with a significant gain of more than 1% in their respective index values. The Information technology sector was the top gainer, with a rise of 3.69% in the index value. Meanwhile few sectors were in the red zone like financial, Consumer staples, Material, and Industrials. The most sell off seen in the financial sector which slipped 1.83% today.
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In the past five days, the index lost 2.35%. However, it has gained 5.51% over the last 52-weeks.
Top performing Sectors for the day:
Worst performing sectors for the day:
Top Gainers and Losers:
On 31 January 2022, ARB CORPORATION LIMITED (ASX: ARB) and ZIP CO LIMITED (ASX: Z1P) were amongst the top gainers on ASX 200. At the same time, ANSELL LIMITED (ASX: ANN) and NIB HOLDINGS LIMITED (ASX: NHF) were the top two losers on ASX.
ARB shares surged as the company announced unaudited sales revenue of $359M for 1HY22, representing growth of 26.5%. On the other hand, ANN shares declined due to low margin for the FY22h1 as the company facing Covid-19 related operational challenges.
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