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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