By the end of the trading session on 31 January 2024, the benchmark index S&P/ASX 200 ended higher by 1.06% and settled at 7,680.70. All 11 sectors closed higher along with the ASX 200.
A-REIT and Utilities sectors were the top-gaining sectors, gaining 1.98% and 1.70% respectively in their index values.
Nickel Industries Limited (ASX: NIC) and The Star Entertainment Group Limited (ASX: SGR) were the top gainers, with 9.655% and 5.660% growth in share prices, respectively. Weebit Nano Limited (ASX: WBT) and Incitec Pivot Limited (ASX: IPL) were the top losers, with 9.845% and 7.877% drop in share prices, respectively.
Nickel Industries demonstrated strong performance on the benchmark for the second consecutive day, witnessing a remarkable 9.7% increase to reach 79¢.
Champion Iron's results for the December quarter received a boost from both record production and elevated iron ore prices. Consequently, its shares experienced a 4.8% surge, reaching $8.53.
Credit Corp faced a setback with a 2.6% decline, closing at $17.21. The Australian debt collection giant reported being on track for the lower end of its profit guidance, following a net loss in the most recent half-year.
The oil market is poised for its initial monthly gain since September, driven by an uptick in attacks on ships in the Red Sea. This surge prompted a diversion of tanker traffic, instigating concerns about a broader conflict in the Middle East.
In the stock market, the Dow concluded with a 0.35% increase, while the S&P 500 experienced a marginal 0.06% dip, and the NASDAQ recorded a 0.76% decrease.
The Hang Seng index saw a decline of -1.15%, while the FTSE 100 exhibited positive movement, gaining 0.44% on the given day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
Customer Notice:
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ASX/200 Closed higher by 1.06%; Lifted by A-REIT
By the end of the trading session on 31 January 2024, the benchmark index S&P/ASX 200 ended higher by 1.06% and settled at 7,680.70. All 11 sectors closed higher along with the ASX 200.
A-REIT and Utilities sectors were the top-gaining sectors, gaining 1.98% and 1.70% respectively in their index values.
Nickel Industries Limited (ASX: NIC) and The Star Entertainment Group Limited (ASX: SGR) were the top gainers, with 9.655% and 5.660% growth in share prices, respectively. Weebit Nano Limited (ASX: WBT) and Incitec Pivot Limited (ASX: IPL) were the top losers, with 9.845% and 7.877% drop in share prices, respectively.
Top gainer 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