ASX 200 Ended Higher By 0.77%; 9 Out Of 11 Sectors Closed Higher
By the end of the trading session on 24 June 2022, the benchmark index S&P/ASX 200 ended higher by 0.77% and settled at 6,578.70. Out of 11 sectors, 9 sectors closed higher along with the gain in the ASX 200.
The Information Technology and Telecommunication Services sectors were the top 2 gaining sectors, gained 6.00% and 2.66% in their index values. On the other hand, the Energy and Materials sectors were the top 2 losing sectors, declined 1.45% and 0.14% in their index values.
Life360 Inc (ASX: 360) and Zip Co Limited (ASX: ZIP) were the top gainers with 24.896% and 21.590% growth in share prices, respectively. On the other hand, Unibail-Rodamco-Westfield (ASX: URW) and Ampol Limited (ASX: ALD) were the top losers, with a 3.704% and 2.615% drop in share prices, respectively.
The Information Technology sector gained 6.00% following a 1.6% gain in the tech-heavy NASDAQ in the previous session. The sector is being led by gains in Life360, up 24.896%, Megaport gained 15.942%, and NOVONIX 13.488% higher.
Lithium stocks have also rebounded from a horrid session on Thursday. Lake Resources surged 14.99%, Liontown up 10.79%, and Pilbara Minerals 8.78%.
Australian bond yields slumped in early trading on Friday, after Treasuries, as weak economic data from Europe to the U.S. added to growing recessionary fears.
Crude futures entered into sell mode after disappointing U.S. manufacturing and services purchasing managers indexes and a downswing in Germany's manufacturing data.
Energy and Materials stocks continued to decline, with commodity prices continuing to deflate amid rising concerns about a recession.
Dow has closed up by 0.6%, S&P 500 up by 1.0%, and NASDAQ closed higher by 1.6%.
Hang Seng is up by 2.14%, and FTSE 100 is down by 0.97%.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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ASX 200 Ended Higher By 0.77%; 9 Out Of 11 Sectors Closed Higher
By the end of the trading session on 24 June 2022, the benchmark index S&P/ASX 200 ended higher by 0.77% and settled at 6,578.70. Out of 11 sectors, 9 sectors closed higher along with the gain in the ASX 200.
The Information Technology and Telecommunication Services sectors were the top 2 gaining sectors, gained 6.00% and 2.66% in their index values. On the other hand, the Energy and Materials sectors were the top 2 losing sectors, declined 1.45% and 0.14% in their index values.
Life360 Inc (ASX: 360) and Zip Co Limited (ASX: ZIP) were the top gainers with 24.896% and 21.590% growth in share prices, respectively. On the other hand, Unibail-Rodamco-Westfield (ASX: URW) and Ampol Limited (ASX: ALD) were the top losers, with a 3.704% and 2.615% drop in share prices, respectively.
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Top Performers for the day:
Top Loser for the day:
Other Factors influencing the market:
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
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 Enva Australia Pty Ltd (AFSL 424494). The information contained in this website 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, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2072, Australia | 1800 005 780 | info@kapitales.com.au