On 24th January 2022, the equity market of Australia closed the session in red. On the same day, ASX Midcap50 fell by 0.71% and ASX 200 was down by 0.51%. ASX All Ordinaries moved down by 0.65% to 7,441.50. It could be said that the Australian market ended lower mainly because of the sell-off witnessed in the US markets on 21st January 2022.
Data Source: ASX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
ASX Midcap 50 Index closed at 9,270 points. This implies ~10.53% 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:
Uniti Malt Group Ltd (ASX: UMG) rose by 9.283% to $4.120.
REA Group Ltd (ASX: REA) notified that it will release its 1HFY22 results on 4th February 2022.
Source: REFINITIV
Movement on Wall Street:
On 21st January 2022, NASDAQ Composite encountered a huge decline of 2.72% to 13,768.92. Notably, Dow Jones Industrials Average declined by 1.30% to 34,265.37.
Note: The reference data in this article has been partly sourced from REFINITIV
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