ASX/200 Closed higher by 0.12%, Lifted by Information Technology
By the end of the trading session on 26 February 2024, the benchmark index S&P/ASX 200 ended higher by 0.12% and settled at 7,652.80. Out of 11 sectors, 06 closed higher along with the ASX 200.
Information Technology and Consumer Discretionary sectors were the top-gaining sectors, gaining 0.95% and 0.87% respectively in their index values. On the other hand, Energy and Utilities sector was the top-losing sector, losing 2.03% and 1.10% respectively in their index values.
Liontown Resources Limited (ASX: LTR) and Core Lithium Limited (ASX: CXO) were the top gainers, with 8.372% and 7.142% growth in share prices, respectively. On the other hand, Nanosonics Limited (ASX: NAN) and TPG Telecom Limited (ASX: TPG) were the top losers, with 15.975% and 8.023% drop in share prices, respectively.
Suncorp surged by 3.6% to reach $15.66 following its disclosure of a 16% increase in insurance premiums amidst widespread price hikes in the industry.
TPG Telecom witnessed an 8% decline in its shares, dropping to $4.93, as its annual net profit reduced to $49 million from $513 million due to rising expenses.
Aussie Broadband saw a 2% increase in its stock value, reaching $4.62, after acquiring a nearly 20% stake in competitor Superloop and proposing a $466 million takeover bid for the company.
Oil prices experienced their largest decline in three weeks after surpassing a crucial moving average, remaining within a narrow trading range.
The Dow Jones closed up by 0.16%, the S&P 500 increased by 0.03%, while the NASDAQ ended the day with a 0.28% decrease.
The Hang Seng index declined by -0.48%, while the FTSE 100 rose by 0.28% during the trading session.
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.
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ASX/200 Closed higher by 0.12%, Lifted by Information Technology
By the end of the trading session on 26 February 2024, the benchmark index S&P/ASX 200 ended higher by 0.12% and settled at 7,652.80. Out of 11 sectors, 06 closed higher along with the ASX 200.
Information Technology and Consumer Discretionary sectors were the top-gaining sectors, gaining 0.95% and 0.87% respectively in their index values. On the other hand, Energy and Utilities sector was the top-losing sector, losing 2.03% and 1.10% respectively in their index values.
Liontown Resources Limited (ASX: LTR) and Core Lithium Limited (ASX: CXO) were the top gainers, with 8.372% and 7.142% growth in share prices, respectively. On the other hand, Nanosonics Limited (ASX: NAN) and TPG Telecom Limited (ASX: TPG) were the top losers, with 15.975% and 8.023% 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