Market Close Commentary; 10 June 2020 

  • Jun 10, 2020 AEST
  • Team Kalkine

After shaking a bit in the morning, the benchmark index S&P/ASX200 posted a seven-day streak by finishing at 6148.4, up by 0.06 per cent as compared to yesterday's closure of 6,144.9.

The market is reflecting an optimistic trend in a highly uncertain environment due to the prolonged ongoing virus crisis.

The US market ended in the green zone in its last trading session as the positive sentiments are high due to much less unemployment rate in May 2020 against the analysts' expectation of a much higher jobless rate. Going by the high jobless rate of 14.7 per cent in April, the experts were anticipating a jobless rate of around 20 per cent or higher.

The top gainer in today's market were

  • Saracen Mineral Holdings Limited (ASX:SAR), up by 8.49 per cent when closed trading at AUD 4.600, and
  • BNPL pioneer company Afterpay Limited (ASX:APT) which was up by 7.535 per cent when traded at AUD 54.520.

The worst-performing stocks for today were –

  • G8 Education Limited (ASX:GEM)which traded at AUD 1.055, down by 5.804 per cent, and
  • Cooper Energy Limited (ASX:COE) which traded at AUD 0.420, down by 5.618 per cent.

Let's see the graph below to view the top five best and worst-performing stocks today:


The website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. All pictures are copyright to their respective owner(s). does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


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.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK