By the end of the trading session on 19 September 2023, the benchmark index S&P/ASX 200 ended lower by 0.47% and settled at 7,196.60. Out of 11 sectors, 10 sectors closed lower along with the ASX 200.

The Energy sector was the top-gaining sector, gaining 0.21% respectively in their index value. Materials and A-REIT sectors were the top declining sectors, declining 0.77% and 0.73% respectively in their index values.

Silver Lake Resources Limited (ASX: SLR) and Ramelius Resources Limited (ASX: RMS) were the top gainers, with 5.113% and 4.642% growth in share prices, respectively. Weebit Nano Limited (ASX: WBT) and Core Lithium Limited (ASX: CXO) were the top losers, with 8.878% and 5.129% drop in share prices, respectively.

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Top gainer for the day:

• Energy (Up 0.21%)

Top loser for the day:

• Materials (Down 0.77%)
• A-REIT (Down 0.73%)

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Other Factors influencing the market:

• The Reserve Bank's September meeting minutes revealed considerations of a potential interest rate hike, which had a dampening effect on market sentiment.
• New Hope saw a 2.1% increase in its stock price, reaching its highest point since January, following the announcement of a $1 billion profit driven by robust coal demand and record-high prices.
• Newcrest, a gold mining company targeted for takeover, experienced a 1.4% rise in its stock price after Australia's Foreign Investment Review Board (FIRB) approved Newmont Mining's acquisition plans.
• Energy sector stocks emerged as rare winners on Tuesday, with oil prices hitting a new 10-month high due to supply constraints.
• The Dow recorded a modest gain of 0.02%, while the S&P 500 saw a 0.07% increase, and the NASDAQ closed higher with a 0.01% rise.
• The Hang Seng index showed a 0.02% increase, while the FTSE 100 experienced a decline of -0.76% for the day.

 Top 5 Gainers and Losers Scoreboard:

90-Day Average Volume Outlier:

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