Today, the Australian stock market rebounded and ended at 6094.5, up by 0.32 per cent as compared to yesterday's closure of 6075.1. The market remained positive amid a grim situation due to the resurgence of Covid-19 cases in Australia. Yesterday, Victoria state reported 484 new cases. The situation has paralysed the Prime Minister's plan of the phase-wise reopening of the economy.
In the US stock market, Nasdaq Composite was up by 0.24 per cent; Dow Industrials gained by 0.62 per cent, and the S&P 500 was up by 0.57 per cent.
The stocks that performed the best today are:
- NRW Holdings Limited (ASX:NWH), which traded at AUD825 and was up by 8.631 per cent.
- Coca-Cola Amatil Limited (ASX:CCL) which traded at AUD 8.970 and was up by 5.405 per cent.
The weak performing stocks in today's market are:
- Nearmap Ltd (ASX:NEA), which traded at AUD 2.400 was down by 3.614 per cent; and
- Magellan Financial Group Limited (ASX:MFG), whichtraded at AUD 60.540 down by 2.903 per cent.
See the graph here for the top five best and weakest performing stocks in today's market:
Which stock gained the most attention in 2019? Find out in our exclusive report on the much talked about lithium stocks which gained the most investor attention amidst the volatile and high drama electric vehicle market.
Read about the shift in the Electric Vehicle market in 2020 and the consequent focus on Lithium in our report.
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