ASX 200 Witnessed a Sharp Fall: What Investors Need to Know

  • February 26, 2021 09:14 PM AEDT
  • Team Kalkine
    Team Kalkine
    Team Kalkine
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    Team Kalkine comprises of experts who understand various markets nuances and are enthusiastic and passionate to provide best possible offerings in the form of insights and stories. The team has rich experience of working across different markets with...

ASX 200 Witnessed a Sharp Fall: What Investors Need to Know

On 26th February 2021, the equity market of Australia settled in red as ASX 200 declined sharply by 2.35% to 6673.30. On the same day, academic & educational services sector declined by 4.05% and consumer cyclicals sector fell by 2.83%.

Sector Summary (Source: Refinitiv (Thomson Reuters))

Movements on Wall Street: On February 25, 2021, Dow Jones Industrial Average declined 1.75% to 31,402.01. Notably, NASDAQ Composite fell 3.51% to 13,119.43.

Gainers and Losers: AMP Ltd. (ASX: AMP) and Silver Lake Resources Ltd. (ASX: SLR) soared by 7.53% and 7.01%, respectively. On the flip side, Orica Ltd. (ASX: ORI) slipped by 18.12%.

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



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