By the end of the trading session on 20 February 2023, the benchmark index S&P/ASX 200 ended higher by 0.06% and settled at 7,351.50. Out of 11 sectors, 8 sectors closed lower despite the gain in the ASX 200.

The Financials and Consumer Staples sectors were the top gaining sectors, gained 0.94% and 0.09% respectively in their index values. The A-REIT and Energy Sectors were the top 2 declining sectors, declined 0.98% and 0.97% respectively in their index values.

Inghams Group Limited (ASX: ING) and QBE Insurance Group Limited (ASX: QBE) were the top gainers, with 11.678% and 3.683% growth in share prices, respectively. On the other hand, NIB Holdings Limited (ASX: NHF) and Bluescope Steel Limited (ASX: BSL) were the top losers, with 11.587% and 9.990% drop in share prices, respectively.

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Top Gainers for the day:

• Financials (Up 0.94%)


• Consumer Staples (Up 0.09%)

Top loser for the day:

• A-REIT (Down 0.98%)


• Energy (Down 0.97%)

Other Factors influencing the market:

• S&P/ASX closed higher as a holiday weekend in the United States limited trading volumes ahead of economic data later this week.


• Oil prices increased on Monday, recouping some of their recent losses, but pressure from rising interest rates and decreasing demand remained ahead of additional Federal Reserve data on the future of monetary policy.


• Pilbara Minerals Limited fell 4.954% after it announced to the market that it had auctioned out lithium hydroxide using an over-the-counter commercial approach.


• Nib Holdings Ltd declined more than 11% following margins in its main segment began to decline from record highs.


• Ampol Limited surged more than 2% following its earnings for the year ended December 31 totaled a record AU$1.32 billion, up 124% from the previous year. The earnings surpassed its previous record year reported in 2015.

• Dow has closed up by 0.39%, S&P 500 down by 0.28%, and NASDAQ ended lower by 0.28%.


• The Hang Seng is up by 0.78%, and the FTSE 100 is down by 0.10%.

 Top 5 Gainers and Losers Scoreboard:

 90-Day Average Volume Outlier:

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