Market Close Commentary; 12 February 2020

  • Feb 12, 2020 AEDT
  • Team Kalkine

By the closure of the market on 12 February 2020, the S&P/ASX 200 index settled at 7,088.2, a rise of 0.46% above its previous close, driven by CBA’s result released this morning.

Sectors like REIT, Consumer Discretionary, Consumer Staples, Financials, Financial-x-A-REIT, Health Care, S&P/ASX 200 Banks (Industry), S&P/ASX 200 Real Estate (Sector) closed in green while sectors like Industrials, Energy, Information Technology, Materials, metals & mining, resources, communication services and utilities closed in red.

S&P/ASX 200 Banks (Industry) was the best performer of the day which closed at 2,507.7, up 2.01% from its previous close.

From this industry, the shares of Commonwealth Bank of Australia have grown 4.084% above its previous close and settled at a price of the $88.180 by the end of the trading session.

Here are 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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