Market Close Commentary; 4 June 2020 

Despite fluctuations during the day, the market managed to remain in the green zone. Since yesterday, benchmark index S&P/ASX200 is at three months high, and closed at 5991.8, up by 0.84 per cent on 04 June 2020 as compared to the yesterday's closure of 5,941.6.

The economic reopening is perhaps the only positive news around in this dark Covid-19 era. All other news brings more uncertainty to the market, be it the trade tension among the US and China, or the prolonged ongoing virus crisis which does not seem to have any solutions around the corner.

Even, countries who could curb the spread still fear the second wave, and worldwide pharma giants are racing to come up with a medicine or vaccine for the global health emergency.

Most of the sectors remained in the green zone, except energy, IT, metals and mining and materials. Travel related stocks also could make it to the top five gainers of the day.

The best-performing stocks for today were:

  • From second position in the top gainer list from yesterday, Unibail-Rodamco-Westfield (ASX:URW) made it to the top today by gaining 12.04% and closed at AUD 5.490
  • The second top gainer today was Corporate Travel Management Limited (ASX:CTD) which was up by 8.802% and settled at AUD 13.350.

The worst-performing stocks for today were –

  • Nufarm Limited (ASX:NUF)which traded at AUD 4.860, down by 11.475 per cent.
  • Gold Road Resources Limited (ASX:GOR) which traded at AUD 1.605, down by 5.865 per cent.

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

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
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