ASX/200 Closed Higher By 0.63%; Lifted by Healthcare
By the end of the trading session on 28 August 2023, the benchmark index S&P/ASX 200 ended higher by 0.63% and settled at 7,159.80. Out of 11 sectors, 02 sectors closed lower along with the ASX 200.
Consumer Staples and Consumer Discretionary sectors were the top-gaining sectors, gaining 0.68% and 0.30% respectively in their index values. Information Technology and Materials sectors were the top-declining sectors, gaining 2.51% and 1.55% respectively in their index values.
Tabcorp Holdings Limited (ASX: TAH) and Ventia Services Limited (ASX: VNT) were the top gainers, with 4.950% and 4.511% growth in share prices, respectively. Sayona Mining Limited (ASX: SYA) and Brainchip Holdings Limited (ASX: BRN) were the top losers, with 27.200% and 10.770% drop in share prices, respectively.
NextDC, a data centre player, faced significant losses leading to a decline in the technology sector. The major technology stock saw a decrease of 2.6%, attributed to its lower-than-expected financial year 2024 earnings guidance.
Fortescue Metals witnessed a 5.1% drop in its stock value after revealing its full-year results and introducing a new CEO. The iron ore company's revenue for the fiscal year 2023 contracted by 3% to $US16.9 billion ($26.3 billion).
Chinese stocks experienced a surge following the announcement of various measures aimed at attracting investors.
Oil prices advanced for the third consecutive day due to China's efforts to stimulate its stock and property markets.
The Dow recorded a closing increase of 0.73%, the S&P 500 rose by 0.67%, and the NASDAQ concluded with a gain of 0.94%.
The Hang Seng index displayed a rise of 1.18%, while the FTSE 100 showed a minor increase of 0.07% during the day
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 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
ASX/200 Closed Higher By 0.63%; Lifted by Healthcare
By the end of the trading session on 28 August 2023, the benchmark index S&P/ASX 200 ended higher by 0.63% and settled at 7,159.80. Out of 11 sectors, 02 sectors closed lower along with the ASX 200.
Consumer Staples and Consumer Discretionary sectors were the top-gaining sectors, gaining 0.68% and 0.30% respectively in their index values. Information Technology and Materials sectors were the top-declining sectors, gaining 2.51% and 1.55% respectively in their index values.
Tabcorp Holdings Limited (ASX: TAH) and Ventia Services Limited (ASX: VNT) were the top gainers, with 4.950% and 4.511% growth in share prices, respectively. Sayona Mining Limited (ASX: SYA) and Brainchip Holdings Limited (ASX: BRN) were the top losers, with 27.200% and 10.770% drop in share prices, respectively.
Top gainer 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 2067, Australia | 1800 005 780 | info@kapitales.com.au