ASX 200 Slipped Slightly, Zip Co Ltd. (ASX:Z1P) Selloff Weighed on Sentiments

February 17, 2021 09:15 PM AEDT
Team Kalkine

On 17^th February 2021, the equity market of Australia settled in red as ASX200 declined by 0.46% to 6885.20. On the same day, basic materials sector grew by 2.28% and energy sector increased by 0.26%.

Sector Summary (Source: Refinitiv (Thomson Reuters))

Movements on Wall Street: On February 16, 2021, Dow Jones Industrial Average increased 0.20% to 31,522.75. Notably, NASDAQ Composite fell 0.34% to 14,047.50.

Gainers and Losers: EML Payments Ltd. (ASX: EML) and Lynas Rare Earths Ltd. (ASX: LYC) soared by 16.39% and 13.36%, respectively. On the flip side, Zip Co Ltd. (ASX: Z1P) slipped by 14.01%.

Gainers and Losers (Source: Refinitiv (Thomson Reuters))

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