Market Close Commentary; 6 May 2020

  • May 06, 2020 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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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.

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