Market Close Commentary; 8 May 2020

May 08, 2020 05:40 PM AEST
Team Kalkine

By market closure on 8 May 2020, Benchmark index S&P/ASX 200, has shown marginally improvement by 0.5% and ended day’s session at 5,391.1. Most of the sectors on ASX closed in the green zone, except the health care, consumer staples and banking sector

Amongst various sectors, Consumer Discretionary and emerging companies were the best performing sectors for the day. On the other side, Health care sector could not perform well on ASX and it dropped by 1.71% and settled at 42,334.9.

From the Consumer Discretionary sector, the shares of Webjet Limited (ASX:WEB) improved by 9.328% and ended the day’s session at $2.93. Other player from the same sector, AP Eagers Limited (ASX:APE) reported ~ 9.87% growth in its share price and closed at $5.01.

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

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