Market Close Commentary; 3 June 2020 

  • Jun 03, 2020 AEST
  • Team Kalkine

After fluctuating for two days, finally on Wednesday the benchmark index S&P/ASX200 reached a three-month high and finished at 5941.6, up by 1.83 per cent as compared to yesterday's closure of 5,835.1.

The uncertainty factors continue in the market in the wake of widespread pandemic and lack of a substantial treatment or medical breakthrough by now to curb the spread. US-China trade tension adds more to the uncertainty. 

It will be interesting to observe how the market proceeds in this challenging time.  

The top 2 gainers for today were-

  • Pilbara Minerals Limited (ASX: PLS) which traded at AUD 0.295, up by 13.462 per cent and
  • Unibail-Rodamco-Westfield (ASX:URW) which last traded at AUD 4.900, up by 10.36 per cent. 

The worst-performing stocks were - 

  • Silver Lake Resources Limited (ASX:SLR) which traded at AUD 2.060, down by 8.444 per cent and
  • Regis Resources Limited (ASX: RRL) which traded at AUD 5.120, down by 6.569 per cent.

Let's see the graph below to view the top five best and worst-performing stocks today:

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. All pictures are copyright to their respective owner(s). Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK