Market Close Commentary; 6 May 2020

May 06, 2020 05:02 PM AEST
Team Kalkine

By market closure on 6 May 2020, Benchmark index dropped marginally by 0.42% and settled at 5,384.6. Some sectors closed in the red zone while energy sector, health care sector, Information Technology, Utilities and emerging companies closed in the green zone.

Amongst the various sectors on ASX, Information Technology and the All Technology index were the best performer for the day and improved by more than 1%.

From the Information Technology sector, the shares of Nearmap Ltd (ASX:NEA) improved by 9.57%. Other player from the technology sector, Appen Limited (ASX:APX) soared up by ~ 8.84% and closed at $28.94.

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

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