Australian Markets Influenced by Selling in Energy Sector

On 22nd October 2021, the Australian market was influenced by the selling pressure which was witnessed on energy sector. Notably, ASX 20 and ASX 200 ended at 4,070.60 and 7,415.50, respectively. However, ASX 300 declined by 0.01% and ASX MIDCAP50 fell by 0.30%.

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

Performance of Indices:

ASX Midcap 50 Index closed at 9,376.30 points. This reflects a rise of ~20.01% in the past 1 year. 

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


Gainers and Losers:

Healius Limited (ASX: HLS) released 1Q FY 2022 trading update. The company stated that 44% growth in the group revenue in 1Q FY 2022 was because of COVID testing revenue as well as stronger than expected non-COVID revenue, despite several lockdowns.

Wesfarmers Limited (ASX: WES) rose by 3.168% to A$57.310 per share.

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

Movement on Wall Street:

On 21st October 2021, NASDAQ Composite rose 0.62% to 15,215.70. Notably, Dow Jones Industrials Average fell 0.02% to 35,603.08.

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





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