By the end of the trading session on 29 February 2024, the benchmark index S&P/ASX 200 ended higher by 0.50% and settled at 7,698.70. Out of 11 sectors, 10 closed higher along with the ASX 200.
A-REIT and Consumer Discretionary sectors were the top-gaining sectors, gaining 1.50% and 1.19% respectively in their index values. On the other hand, Utilities sector was the top-losing sector, losing 0.31% respectively in their index values.
Weebit Nano Limited (ASX: WBT) and The Star Entertainment Limited (ASX: SGR) were the top gainers, with 9.596% and 8.333% growth in share prices, respectively. On the other hand, Chalice Mining Group Limited (ASX: CHN) and Healius Limited (ASX: HLS) were the top losers, with 10.318% and 5.933% drop in share prices, respectively.
Ramsay Health witnessed a remarkable surge of 7.3% to $54.91 following its announcement of a first-half net profit of $758.5 million, marking a substantial increase from $290.2 million in the previous year.
Star Entertainment experienced an impressive 8.3% surge in its share price, despite reporting a 14% decline in revenue. The company faces licensing issues in Sydney, yet investors seemed optimistic about its future prospects.
Booktopia encountered a significant decline of 8.3% in its share price after the online bookseller reported a widened net loss. Additionally, concerns were raised by its auditor regarding the company's balance sheet and cash flows.
Bitcoin reached a historic high of $97,000 on the Melbourne-based exchange BTC Markets. This surge was attributed to concerns about the US fiscal position and increased buying activity from exchange-traded funds.
Market indices exhibited mixed performance: the Dow closed down by 0.06%, the S&P 500 declined by 0.17%, and the NASDAQ ended lower by 0.55%.
On the international front, the Hang Seng index rose by 0.23%, while the FTSE 100 witnessed a decrease of -0.76% for 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.
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ASX/200 Closed higher by 0.50%, Lifted by A-REIT
By the end of the trading session on 29 February 2024, the benchmark index S&P/ASX 200 ended higher by 0.50% and settled at 7,698.70. Out of 11 sectors, 10 closed higher along with the ASX 200.
A-REIT and Consumer Discretionary sectors were the top-gaining sectors, gaining 1.50% and 1.19% respectively in their index values. On the other hand, Utilities sector was the top-losing sector, losing 0.31% respectively in their index values.
Weebit Nano Limited (ASX: WBT) and The Star Entertainment Limited (ASX: SGR) were the top gainers, with 9.596% and 8.333% growth in share prices, respectively. On the other hand, Chalice Mining Group Limited (ASX: CHN) and Healius Limited (ASX: HLS) were the top losers, with 10.318% and 5.933% 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