ASX Indices Witnessed Negative Closing Amid Global Sell-off

On 20th July 2021, ASX indices started the day with heavy selling in stocks but markets recovered a bit later on. Markets reacted negatively over the global sell off. Notably, ASX 20 fell by 0.35% to 4,087.50, while ASX 200 declined by 0.46% to 7,252.20. Also, ASX MIDCAP50 decreased by 0.30%. 

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

Performance of Indices:

ASX 200 ended at 7,252.20, showing overall growth of ~20.84% in 1 year. ASX Midcap 50 Index outperformed ASX 200 as well as ASX Small Ordinaries Index.

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

Source: REFINITIV

Gainers and Losers:

SkyCity Entertainment Group Limited (ASX: SKC) came forward and mentioned that its Adelaide casino as well as entertainment facilities would now remain closed until at least 6.00 pm (Australian Central Standard Time) on 27th July 2021.

On 20th July 2021, Oil Search Ltd. (ASX: OSH) rose by 6.27% to NZ$3.900 per share.

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

Movement on Wall Street:

On 19th July 2021, NASDAQ Composite declined 1.06% to 14,274.98. Notably, Dow Jones Industrials Average fell 2.09% to 33,962.04.

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

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