The market displayed lots of green today, with most of the sectors remaining in the green zone. The market rebounded today after yesterday's fluctuation that ended in the red zone. Today the benchmark index S&P/ASX200 settled at 5851.1 points, up by 1.32 per cent as compared to Wednesday's closure of 5,775.0 points. The bank stocks are continuously growing and driving the market up.
However, the international tension continues, despite US's threat to china on enforcing controversial national security law on Honk Kong, China is set to approve plans to go ahead with the new law.
The top two gainers for today's market were –
- Nearmap Ltd (ASX:NEA) which traded at AUD 2.240, up by 16.667 per cent and
- Virgin Money UK PLC (ASX:VUK) which traded at AUD 2.010, up by 10.137 per cent.
The worst-performing stocks were –
- Jumbo Interactive Limited (ASX:JIN) which traded at AUD 11.250, down by 7.178 per cent and
- Beach Energy Limited (ASX:BPT) which traded at AUD 1.595, down by 6.176 per cent.
Let's see the graph below to view the top five best and worst performing sectors today:
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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