Market Close Commentary; 31 August 2020

August 31, 2020 06:09 PM AEST | By Team Kalkine Media

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Today, the Australian share market had a fluctuating trading pattern, perfectly depicting the uncertainty due to the ongoing crisis. The benchmark index S&P/ASX200 ended in the red zone. It settled at 6060.5, down by 0.22 per cent as compared to the Friday's closure of 6073.8.

The US stock market on Friday saw the Nasdaq Composite increase by 0.60 per cent, S&P 500 was up by 0.67 per cent and the Dow Industrials gained 0.57 per cent.

The commodity section today at AEST 3:08 PM - the Australian dollar was down by 0.25 per cent and was trading at AUD 0.7348, gold slightly surged by 0.02 per cent and was trading at USD 1964.62. If we talk about crude oil, it increased by 0.93 per cent and was trading at USD 43.37 a barrel.

The stocks that exceeded others in today's trading session are:

EML Payments Limited (ASX:EML)was the top gainer today. It traded at AUD 3.41 and was up by 6.562 per cent.
Service Stream Limited (ASX:SSM) remained the second top gainer. It traded at AUD 1.92 and was up by 5.785 per cent.

The stocks that suffered the most today are:

Orocobre Limited (ASX:ORE)traded at AUD 2.60 and was dipped by 10.345 per cent.
Fortescue Metals Group Ltd (ASX:FMG) traded at AUD 17.42, down by 7.684 per cent.

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

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