$69 postpage LB

Market Close Commentary; 9 June 2020 

  • June 09, 2020 06:11 PM AEST
  • Team Kalkine

Today, the benchmark index S&P/ASX200 surged by 2.44 per cent and finished at 6144.9 as compared to Friday's closure of 5,998.7. The ASX surge came after wall street's jump on Friday after US economy suggested unexpectedly strong jobs data.

Gold MTF non-AMP

In the US, restrictions are being eased out and the market has taken the news well, as reflected by the Nasdaq’s spike entering the positive territory.

That said, the uncertain situations remain the same, though businesses are getting reopened with strict guidelines, there is still the fear of the virus spread.

With China still fearing the second wave, no country seems to be immune from the crisis except NZ, which has reported no new cases in the past 17 days.

The top gainers in today's market were:

  • Virgin Money UK PLC (ASX:VUK) , up by 16.402 per cent and closed trading at AUD 2.200, and
  • Credit Corp Group Limited (ASX:CCP)which was up by 15.691 per cent and traded at AUD 20.940.

The worst-performing stocks for today were –

  • Gold Road Resources Ltd (ASX:GOR) which traded at AUD 1.405, down by 9.355 per cent, and
  • GWA Group Limited (ASX:GWA) which traded at AUD 3.080, down by 949 per cent.

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


The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and 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 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. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images 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 on this website unless stated otherwise. The images that may be used on this website are taken from various sources on 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. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.


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