Australian Indices Ended in Red: Should You Worry?

On 3rd August 2021, the broader Australian market ended in red as significant selling was witnessed in the energy sector. Notably, ASX 20 fell by 0.34% to 4,221.90 and ASX 300 declined by 0.20%. Also, ASX 200 fell by 0.23%.

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

Performance of Indices:

ASX Midcap 50 Index and ASX Small Ordinaries Index closed at 9,150.30 and 3,446.80 points, respectively. In the past one year, ASX Midcap 50 Index witnessed a rise of ~32.39%.

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

Source: REFINITIV

Gainers and Losers:

Redbubble Limited (ASX: RBL) has confirmed the resignation of Mr Paul Gordon as Australian-resident Company Secretary.

PointsBet Holdings Ltd. (ASX: PBH) fell by 13.82% to A$9.730 per share.

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

Movement on Wall Street:

On 2nd August 2021, NASDAQ Composite witnessed a rise of 0.06% to 14,681.07. However, Dow Jones Industrials Average fell 0.28% to 34,838.16.

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

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