Basic Materials and Consumer Cyclicals Sectors Helped Australian Market

On 15th October 2021, the equity market in Australia ended on a favourable note. This was supported by the buying witnessed in the basic materials as well as consumer cyclicals sectors. ASX 20 and ASX 300 rose by 0.85% and 0.69%, respectively. Notably, ASX 200 increased by 0.69%. 

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

Performance of Indices:

ASX Midcap 50 Index closed at 9,333.60 points. This implies ~20.03% rise 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:

Pendal Group Limited (ASX: PDL) released its funds under management (FUM) for the quarter ended 30th September 2021. Its FUM stood at $139.2 billion as compared to $106.7 billion (June 2021).

Treasury Wine Estates Ltd. (ASX: TWE) declined by 5.37% to A$11.630 per share.

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

Movement on Wall Street:

On 14th October 2021, NASDAQ Composite increased 1.73% to 14,823.43. Notably, Dow Jones Industrials Average rose 1.56% to 34,912.56.

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

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