Buying in Energy and Utilities Sectors Supported Australian Market

On 23rd September 2021, the broader Australian market was supported by the buying witnessed in the energy as well as utilities sectors. Notably, ASX 20 rose by 0.68% to 4,033.80 and ASX 300 increased by 1.05%. Also, ASX 200 rose by 1% to 7,370.20.

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

Performance of Indices:

ASX Midcap 50 Index and ASX Small Ordinaries Index ended at 9,361.30 and 3,528.60 points, respectively.

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

Source: REFINITIV

Gainers and Losers:

In the release dated 22nd September 2021, Northern Star Resources Ltd (ASX: NST) made an announcement that Raleigh Finlayson has resigned from the post of Executive Director of the company. Mr Finlayson would be re-joining the Board as the Non-Executive Director on 4th April 2022.

Whitehaven Coal Ltd. (ASX: WHC) rose by 7.24% to A$3.110 per share.

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

Movement on Wall Street:

On 22nd September 2021, NASDAQ Composite rose 1.02% to 14,896.85. Notably, Dow Jones Industrials Average increased by 1.00% to 34,258.32.

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

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