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Market Close Commentary; 20 April 2020

  • April 20, 2020 05:53 PM AEST
  • Team Kalkine

By the closure of the market on 20 April 2020 the sectors on ASX closed in the red zone, where most of them fell by more than 2%.

Gold MTF non-AMP

Benchmark index S&P/ASX 200 dropped by 2.45% and settled at 5,353, majorly impacted by the energy sector which dropped by 4.61% today by the end of day’s trade and closed at 6,469.5. The energy sector was the worst performer of the day. Next in the line amongst the worst performing sector was the health care sector, which plunged by 3.11% and settled at 43,887.2

From the Energy Sector, the shares of Caltex Australia Limited (ASX:CTX), dropped by 7.81% and settled at $21.720, impacted by the Q1 2020 trading update. Big players from this sector reported a significant fall in their share price.

From the healthcare sector, the shares of CSL Limited (ASX:CSL), plunged by 3.84% and stood at $315.81.

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

 


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