By the end of the trading session on 10 May 2024, the benchmark index S&P/ASX 200 ended higher by 0.35% and settled at 7,749.00. Out of 11 sectors, 07 sectors closed higher along with the ASX 200.
Energy and Financial sectors were the top-gaining sectors, gaining 1.87% and 0.69% respectively in their index values. On the other hand, Industrials and Consumer Staples sectors were the top-lossing sectors, lossing 0.14% and 0.13% respectively in their index values.
Strike Energy Limited (ASX: STX) and Liontown Resources Limited (ASX: LTR) are the top-gaining stocks, gaining 6.818% and 5.263% in their stock prices. On the other hand, Smartgroup Corporation Limited (ASX: SIQ) and Coronado Global Resources Inc. (ASX: CRN) are the top-losing stocks and are declining by 6.065% and 5.580% in their stock prices.
Regional lender Suncorp Group's shares decreased by 0.7% to $16.25, attributed to an $85 million increase in past due loans reported in the March quarter.
Insurance group QBE experienced a marginal gain of 0.1% to $17.61 amid a volatile trading session, confirming an expected mid-single-digit growth in gross written premium.
Family tracking app Life360 saw a decline of 2.5% to $15.11 after reiterating its guidance for earnings loss of up to $US13 million ($20 million) in 2024.
Oil prices saw an increase on Friday, buoyed by signs of economic improvement in China and ongoing negotiations to resolve tensions between Israel and Hamas.
Market indices showed mixed results: the Dow closed up by 0.85%, the S&P 500 closed up by 0.51%, and the NASDAQ ended the day higher by 0.27%.
The Hang Seng index rose by 2.14%, while the FTSE 100 saw an increase of 0.33% during the trading day.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
Customer Notice:
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ASX/200 Closed Higher by 0.35%, Lifted by Energy
By the end of the trading session on 10 May 2024, the benchmark index S&P/ASX 200 ended higher by 0.35% and settled at 7,749.00. Out of 11 sectors, 07 sectors closed higher along with the ASX 200.
Energy and Financial sectors were the top-gaining sectors, gaining 1.87% and 0.69% respectively in their index values. On the other hand, Industrials and Consumer Staples sectors were the top-lossing sectors, lossing 0.14% and 0.13% respectively in their index values.
Strike Energy Limited (ASX: STX) and Liontown Resources Limited (ASX: LTR) are the top-gaining stocks, gaining 6.818% and 5.263% in their stock prices. On the other hand, Smartgroup Corporation Limited (ASX: SIQ) and Coronado Global Resources Inc. (ASX: CRN) are the top-losing stocks and are declining by 6.065% and 5.580% in their stock prices.
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Top gainer for the day:
Top loser for the day:
Other Factors influencing the market:
Regional lender Suncorp Group's shares decreased by 0.7% to $16.25, attributed to an $85 million increase in past due loans reported in the March quarter.
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