Market Close Commentary; 04 February 2020

  • Feb 04, 2020 AEDT
  • Team Kalkine

By the closure of the market on 04 February 2020, the S&P/ASX 200 index closed almost flat at 6,948.7, a growth of 0.37% above its previous close, influenced by the decision made by RBA with respect to the cash rate to remain unaffected at 0.75%.

Most of the sectors on ASX closed in green and amongst them, S&P/ASX 200 Consumer Staples was the best performer of the day. The index closed 1.14% above its previous close.

On the other hand, energy sector could not perform well as compared to the other sectors. The index closed at 10,988.7, down 1.13% from its previous close.

Let’s look at the best and worst performing stock for the day.


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There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

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