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By the end of the day’s trade on ASX, most of the indices have settled in the green zone. Benchmark index S&P/ASX 200 has shown a marginal increase of 0.77% from its previous close and settled at 6,123.4. Amongst the various sectors listed on ASX, Health care was the best performing index with a growth of 4.23% in the index value and settled at 43,637.9.
Other indices with a growth of over 1% include Consumer Discretionary, Emerging Companies, All Ordinaries Gold, Industrials, Information Technology, and All Technology.
On the other hand, banking sector was worst performer on the day with a drop of 1% in the index value and ended the session at 1,813.2. Other sectors like Financials and Consumer Staples dropped by 0.55% and 0.89% respectively.
- Monadelphous Group Limited (ASX:MND) was the best performing stock on the day with the growth of nearly 19% in the share price. The surge in the share price was supported by MND’s result where the company generated A$1,651 million revenue, with NPAT of A$36.5 million and 38.7 cents of earnings per share as well as declared full year dividend of 35 cents.
- Megaport Limited (ASX:MP1) was the second best performing stock on ASX. The shares improved by 10.766% and closed at A$14.61.
On the other hand,
- Treasury Wine Estates Limited (ASX:TWE) could not do well on ASX and its shares tumbled by over 14% and ended session at A$10.58. The shares got influenced by the announcement made by the company related to initiation of an anti-dumping investigation by the Chinese Ministry of Commerce into Australian wine exports into China.
- Unibail-Rodamco-Westfield (ASX:URW) noted a drop in its share price by 7.671% and has reached near its 52-week low price.
Let’s take a look at the five top performing and least performing stocks for today's market:
