Market Close Commentary; 23 April 2020

  • Apr 23, 2020 AEST
  • Team Kalkine

The market continues to seem ambiguous with benchmark index dropping marginally from its previous close by 0.08% and settling at 5,217.1 by the end of the day’s trade on 23 April 2020.

Sectors like energy, emerging companies, materials, metals & mining, and resources which closed in the red zone couple of days back are amongst the best performers of the day.

Real Estate and Health care sectors are the worst performers for the day. Real estate sector dropped by 1.16% while health care sector plunged by 1.98%.

From the metals and mining sector, the shares of Lynas Corporation Limited (ASX:LYC) zoomed up by ~17% after its market release that it has been selected for Phase 1 of US HRE Separation Facility.

From the energy sector, the shares of Santos Limited (ASX:STO) improved by ~ 6.77% after the release of its Quarterly Activities report.

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

 


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