ASX/200 Closed Lower By 0.93%; Dragged down by Information Technology
By the end of the trading session on 25 August 2023, the benchmark index S&P/ASX 200 ended higher by 0.38% and settled at 7,148.40. Out of 11 sectors, 09 sectors closed lower along with the ASX 200.
Consumer Staples and Consumer Discretionary sectors were the top-gaining sectors, gaining 0.68% and 0.30% respectively in their index values. Information Technology and Materials sectors were the top-declining sectors, gaining 2.51% and 1.55% respectively in their index values.
Iress Limited (ASX: IRE) and Lovisha Holdings Limited (ASX: LOV) were the top gainers, with 9.886% and 6.264% growth in share prices, respectively. Pilbara Mineral Limited (ASX: PLS) and Tabcorp Holdings Limited (ASX: TAH) were the top losers, with 8.024% and 7.763% drop in share prices, respectively.
Wesfarmers saw a 3.2% rise as its $2.6 billion profit exceeded expectations, alongside a 6.1% increase in total dividends to $1.91.
Accent Group's shares surged over 17.1% due to a substantial sales boost indicated in the latest full-year report of the shoe retailer.
Following a notable upswing in sales according to its latest full-year report, shares in Accent Group surged more than 17.6%.
Oil prices headed for a second consecutive weekly decline driven by improving supply conditions and a worsening economic scenario in China, the largest importer.
The Dow concluded with a 1.08% decline, the S&P 500 saw a 1.35% decrease, and NASDAQ closed down by 1.87%.
The Hang Seng index experienced a decrease of -1.04%, whereas the FTSE 100 showed a 0.18% increase during 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 Lower By 0.93%; Dragged down by Information Technology
By the end of the trading session on 25 August 2023, the benchmark index S&P/ASX 200 ended higher by 0.38% and settled at 7,148.40. Out of 11 sectors, 09 sectors closed lower along with the ASX 200.
Consumer Staples and Consumer Discretionary sectors were the top-gaining sectors, gaining 0.68% and 0.30% respectively in their index values. Information Technology and Materials sectors were the top-declining sectors, gaining 2.51% and 1.55% respectively in their index values.
Iress Limited (ASX: IRE) and Lovisha Holdings Limited (ASX: LOV) were the top gainers, with 9.886% and 6.264% growth in share prices, respectively. Pilbara Mineral Limited (ASX: PLS) and Tabcorp Holdings Limited (ASX: TAH) were the top losers, with 8.024% and 7.763% 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