Australian Equity Market Helped by Energy Sector.

On 3 December  2021, the equity market of Australia closed in green, mainly backed by the energy sector. On the same day, ASX MIDCAP50 rose by 0.49% and ASX 100 was up by 0.25%. Also, ASX All Ordinaries rose by 0.10% to 7,543.60.

Major S&P/ASX Indices Movement

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

Performance of Indices:

ASX Midcap 50 Index closed at 9,328.90 points. This implies ~15.46% 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

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

Source: REFINITIV

Gainers and Losers:

Codan Limited’s (ASX: CDA) subsidiary, Domo Tactical Communications Limited, has made the acquisition of 100% of the shares in UK-based company, Broadcast Wireless Systems Limited (or BWS) from the founders.

Pro Medicus Ltd. (ASX: PME) rose by 3.79% to A$57.780 per share.

Top 5 Gainers and Losers on 3 December 2021

Source: REFINITIV

Movement on Wall Street:

On 2nd December 2021, NASDAQ Composite increased by 0.83% to 15,381.32. Notably, Dow Jones Industrials Average witnessed an increase of 1.82% to 34,639.79.

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

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