Market Close Commentary; 09 November 2020

  • November 09, 2020 07:12 PM AEDT
  • Team Kalkine
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On Monday, the Australian stock market climbed by 1.75 per cent. The benchmark index S&P/ASX200 finished at 6298.80 points after gaining 108.60 points as compared to Friday's closure of 6,190.20 points. The trending stocks for Monday were - Carsales.com Limited (ASX: CAR), CSL Limited (ASX: CSL), Vitalharvest Freehold Trust (ASX: VTH), Macquarie Group Limited (ASX: MQG), and Alcidion Group Limited (ASX: ALC).

On 06 November 2020, Wall Street had mixed performance with Nasdaq Composite inched up by 0.03 per cent, Dow Industrials down by 0.24 per cent, S&P 500 dipped by 0.03 per cent.

The commodity section on Monday (09 November 2020) at AEDT 07:00 PM, the crude oil surged by 2.49 per cent and was trading at USD 38.06 a barrel. The gold commodity minimally surged by 0.32 per cent and was trading at USD 1957.98

The Australian dollar increased by 0.49 per cent and was trading at AUD 0.7291 and bitcoin surged by 1.72 per cent and was trading at AUD 21,017.5.

The stocks that surged the maximum during Monday (09 November 2020) are:  

  • REA Group Ltd (ASX:REA) gained the most point today. It closed at AUD 139.500 and was up by 9.078 per cent. 
  • Nearmap Ltd (ASX: NEA)  was at the second-top position. It closed at AUD 2.660 and was up by 8.130 per cent. 

The stocks that dipped the most during Monday (09 November 2020) are:  

  • Tabcorp Holdings Limited (ASX:TAH) closed at AUD 3.980 and was dipped by 2.927 per cent. 
  • Healius Limited (ASX: HLS) closed at AUD 3.520 and declined by 2.223 per cent.

To look at the top 5 best and worst-performing stocks of Monday's trading session, see the graph below. 

 


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