ASX 200 Ended Higher By 1.45%; Led By Tech And Materials Sectors
By the end of the trading session on 30 May 2022, the benchmark index S&P/ASX 200 ended higher by 1.45% and settled at 7286.60. 10 out of 11 sectors closed higher along with the ASX 200.
The Information Technology and Materials sectors were the top 2 gaining sectors, gained 4.59% and 2.20% in their index value. On the other hand, the Utilities was the only losing sector, declined 0.69% in its index value.
Zip Co. Limited (ASX: ZIP) and Novonix Limited (ASX: NVX) were the top gainers with 14.035% and 10.992% growth in share prices, respectively. On the other hand, Tabcorp Holdings Limited (ASX: TAH) and Appen Limited (ASX: APX) were the top losers, with a 4.456% and 3.670% drop in share prices, respectively.
Australian shares shot up, mirroring the gains of Wall Street in the previous session. Meanwhile, the rise in iron ore prices seems to have pushed up the mining stocks.
Brent Crude rises to $116.34 per barrel as the European Union meets on Monday and Tuesday to discuss the sixth package of sanctions against Russia for its invasion of Ukraine.
The Information Technology sector is roses 4.59%, mirroring the gain in the NASDAQ in the previous session.
Appen Limited share price fell 3.670% after Canadian IT Services Company Telus International abruptly pulled its $1.2 billion offer.
Dow has closed up by 1.8%, S&P 500 up by 2.5%, and NASDAQ closed higher by 3.3%.
Hang Seng is up by 2.04%, and FTSE 100 is up by 0.27%.
Top 5 Gainers and Losers Scoreboard:
90 Day Average Volume Outlier:
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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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ASX 200 Ended Higher By 1.45%; Led By Tech And Materials Sectors
By the end of the trading session on 30 May 2022, the benchmark index S&P/ASX 200 ended higher by 1.45% and settled at 7286.60. 10 out of 11 sectors closed higher along with the ASX 200.
The Information Technology and Materials sectors were the top 2 gaining sectors, gained 4.59% and 2.20% in their index value. On the other hand, the Utilities was the only losing sector, declined 0.69% in its index value.
Zip Co. Limited (ASX: ZIP) and Novonix Limited (ASX: NVX) were the top gainers with 14.035% and 10.992% growth in share prices, respectively. On the other hand, Tabcorp Holdings Limited (ASX: TAH) and Appen Limited (ASX: APX) were the top losers, with a 4.456% and 3.670% 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 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