ASX/200 Closed Lower by 0.30%, Draged down by Industrials
By the end of the trading session on 14 May 2024, the benchmark index S&P/ASX 200 ended lower by 0.30% and settled at 7,726.80. Out of 11 sectors, 09 sectors closed higher along with the ASX 200.
Consumer Discretionary and Healthcare sectors were the top-gaining sectors, gaining 0.73% and 0.21% respectively in their index values. On the other hand, Industrials and A-REIT sectors were the top-lossing sectors, lossing 0.88% and 0.88% respectively in their index values.
G.U.D. Holdings Limited (ASX: GUD) and Alumina Limited (ASX: AWC) are the top-gaining stocks, gaining 12.180% and 6.875% in their stock prices. On the other hand, Fletcher Building Limited (ASX: FBU) and Homeco Daily Needs REIT (ASX: DEG) are the top-losing stocks and are declining by 4.182% and 3.516% in their stock prices.
GUD Holdings experienced a significant increase of 12.2%, reaching $10.96. The company assured investors that it remains on track to achieve its full-year earnings guidance of $193.5 million, despite challenges in the automotive market.
Southern Cross shares declined by 1.1% to 85¢ following statements from Hamish McLennan, chairman of ARN Media, expressing his intention to pursue a deal with the company.
Seven Group witnessed a 3% decline, closing at $37.80, while buyout target Boral saw a 2.1% decrease, ending at $5.62. Seven Group's ownership in Boral has reached 91.2% for the first time after several months of share buybacks.
Debate among major global investors continues regarding whether to re-enter Chinese equities, driven by a recent rally propelling it into a bull market.
The Dow recorded a decrease of 0.21%, the S&P 500 slightly declined by 0.02%, and the NASDAQ saw an increase of 0.29% in its closing figures.
The Hang Seng index showed a minor increase of 0.01%, while the FTSE 100 experienced a decline of -0.22% during the trading session.
Top 5 Gainers and Losers Scoreboard:
90-Day Average Volume Outlier:
Customer Notice:
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ASX/200 Closed Lower by 0.30%, Draged down by Industrials
By the end of the trading session on 14 May 2024, the benchmark index S&P/ASX 200 ended lower by 0.30% and settled at 7,726.80. Out of 11 sectors, 09 sectors closed higher along with the ASX 200.
Consumer Discretionary and Healthcare sectors were the top-gaining sectors, gaining 0.73% and 0.21% respectively in their index values. On the other hand, Industrials and A-REIT sectors were the top-lossing sectors, lossing 0.88% and 0.88% respectively in their index values.
G.U.D. Holdings Limited (ASX: GUD) and Alumina Limited (ASX: AWC) are the top-gaining stocks, gaining 12.180% and 6.875% in their stock prices. On the other hand, Fletcher Building Limited (ASX: FBU) and Homeco Daily Needs REIT (ASX: DEG) are the top-losing stocks and are declining by 4.182% and 3.516% in their stock prices.
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Top gainer for the day:
Top loser for the day:
Other Factors influencing the market:
GUD Holdings experienced a significant increase of 12.2%, reaching $10.96. The company assured investors that it remains on track to achieve its full-year earnings guidance of $193.5 million, despite challenges in the automotive 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