By the end of the trading session on 10 October 2023, the benchmark index S&P/ASX 200 ended higher by 1.01% and settled at 7,040.60. All 11 sectors closed higher along with the ASX 200.

Utilities and Information Technology sectors were the top-gaining sector, gaining 4.17% and 3.01% respectively in their index values.

Chalice Mining Limited (ASX: CHN) and Core Lithium Limited (ASX: CXO) were the top gainers, with 7.692% and 7.352% growth in share prices, respectively. Neuren Pharmaceuticals Limited (ASX: NEU) and Paladin Energy Limited (ASX: PDN) were the top losers, with 3.931% and 1.471% drop in share prices, respectively.

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Top gainer for the day:

• Utilities (Up 4.17%)


• Information Technology (Up 3.01%)

Other Factors influencing the market:

• Interest rate-sensitive sectors in Australia witnessed significant gains, with the tech sector leading the way with a 3% increase.


• Weebit Nano saw a 4.9% increase in its stock price, reaching AU$2.98, as the company assured that its operations in Israel remained unaffected by recent Hamas-led attacks.


• The Star Entertainment Group experienced a 4.2% rise in its stock price, reaching 62¢, following major shareholder Bruce Mathieson's purchase of shares outside the company's recent capital raising effort.


• Oil maintained its most substantial surge in six months as Israel indicated that its response to the weekend's deadly attacks by Hamas had just begun, raising concerns of further instability as the conflict entered its fourth day.


• In the stock market, the Dow closed up by 0.59%, the S&P 500 gained 0.63%, and the NASDAQ ended the day with a 0.39% increase.


• On the international front, the Hang Seng index saw a 0.81% rise, while the FTSE 100 experienced a minor decline of -0.03% for the day.

 Top 5 Gainers and Losers Scoreboard:

90-Day Average Volume Outlier:

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