Academic and Educational Services Sector Weighed Over Australian Equity Market

On 1st December 2021, the Australian market closed on an unfavourable note as significant selling was witnessed in the acadmeic and educational services sector. On the same day, ASX ALL ORDINARIES and ASX MIDCAP50 fell by 0.39% and 0.83%, respectively. Also, ASX 300 fell by 0.33% and ASX 200 declined by 0.28%.

Major S&P/ASX Indices Movement

Data Source: ASX, Table Source: Copyright © 2021 Kalkine Media

Performance of Indices:

ASX Midcap 50 Index closed at 9,308.40 points. This implies ~14.82% increase in the previous 1 year. 

S&P/ASX 200 vs S&P/ASX Midcap 50 Index vs ASX Small Ordinaries Index – One Year Return

Source: REFINITIV

Gainers and Losers:

G.U.D. Holdings Limited (ASX: GUD) made an announcement that it has wrapped up the acquisition of Vision X (or VX).

South32 Ltd. (ASX: S32) rose by 3.97% to A$3.670 per share.

Top 5 Gainers and Losers on 1 December 2021

Source: REFINITIV

Movement on Wall Street:

On 30th November 2021, NASDAQ Composite fell 1.55% to 15,537.69. Notably, Dow Jones Industrials Average declined 1.86% to 34,483.72.

Note: The reference data in this article has been partly sourced from REFINITIV

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