Australian Equity Market was helped by Academic & Educational Services Sector

On 7th December 2021, the equity market of Australia settled in green. This was mainly supported by buying witnessed in Academic & Educational Services sector. On the same day, ASX 300 rose by 0.98% and ASX 200 was up by 0.95%. ASX All Ordinaries soared by 1.01% to 7,605.20.

Major S&P/ASX Indices Movement

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

Performance of Indices:

ASX Midcap 50 Index closed at 9,393.30 points. This implies ~15.43% 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:

Zip Co Limited (ASX: Z1P) recently notified with business update for November 2021. It reported a growth of 52% YoY in monthly transaction volume to $906.5 million and customers number rose to 9.2 million.

PointsBet Holdings Ltd. (ASX: PBH) rose by 9.92% to A$7.310 per share.

Top 5 Gainers and Losers on 07 December 2021

Source: REFINITIV

Movement on Wall Street:

On 6th December 2021, NASDAQ Composite rose 0.93% to 15,225.15. Also, Dow Jones Industrials Average increased 1.87% to 35,227.03.

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

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