Australian Markets Ended Lower: A Quick Look

January 27, 2022 09:30 PM AEDT

Be the First to Comment

Team Kalkine Media

Author

Team Kalkine Media -
25866 Posts
Team Kalkine Media comprises of experts who understand various markets nuances and are enthusiastic and passionate to provide best possible offerings in the form of insights and stories. The team has rich experience of working across different market...

More on: Platinum Asset Management Limited Beach Energy Limited

Australian Markets Ended Lower: A Quick Look — Image source: Copyright © 2021 Kalkine Media Pty Ltd.

On 27^th January 2022, the Australian equity market ended the day lower as there was broad-based selling. On the same day, ASX 300 has witnessed a fall of 1.78% and ASX 100 declined by 1.73%. Also, ASX 200 has witnessed a decline of 1.77% to 6,838.30.

Performance of Indices:

ASX Midcap 50 Index closed at 8,691.90 points. This implies ~4.17% 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:

Beach Energy Limited (ASX: BPT) has recenlty released its Q2 activities report for FY 2022, wherein, the company’s production was 5.3 MMboe, revenue amounted to $398 Mn and net cash position was maintained.

Platinum Asset Management Limited (ASX: PTM) rose by 4.661% to A$2.470 per share.

Source: REFINITIV

Movement on Wall Street:

On 26^th January 2022, NASDAQ Composite increased marginally by 0.02% to 13,542.12. Notably, Dow Jones Industrials Average fell by 0.38% to 34,168.09.

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