Market Close Commentary; 3 September 2020

2 min read | September 03, 2020 06:55 PM AEST | By Team Kalkine Media

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Today, the Australian share market once again ended in the green zone with the benchmark index S&P/ASX200 finishing at 6112.6, increased by 0.81 per cent as compared to Wednesday's closure of 6063.2.

Yesterday, in the US stock market, once again the benchmark indexes ended in the green zone with the Nasdaq Composite increased by 0.98 per cent, Dow Jones Industrial Average climbed by 1.59 per cent, and S&P 500 improved by 1.54 per cent.

The commodity section, the Australian dollar slipped by 0.29 per cent and was trading at AUD 0.7318, gold decreased by 0.32 per cent and was trading at USD 1936.47. If we talk about crude oil, it reduced by 0.70 per cent and was trading at USD 41.22 a barrel at AEST 3:48 PM.

The stocks that did more substantial than others today are:

SkyCity Entertainment Group Limited (ASX:SKC) was the top gainer today. It traded at AUD 2.48 and was up by 7.36 per cent. Today SKC released its FY20 annual report and total reported revenue grew by 24.2 per cent and total reported net profit was up by 62.8 per cent.
Credit Corp Group Limited (ASX:CCP) remained at the second top position. It traded at AUD 19.61 and was up by 6.17 per cent.

The stocks that did the weakest today are:

Spark Infrastructure Group (ASX:SKI)traded at AUD 2.17, down by 6.06 per cent.
Perseus Mining Limited (ASX:PRU) traded at AUD 1.41, down by 3.42 per cent.

Let's see the graph below for the five top and least performing stocks for today's market:

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