Buying in Real Estate Sector Supported Broader Market

On 5th August 2021, the broader market was supported by the buying witnessed in the real estate as well as consumer cyclicals sectors. Notably, ASX 20 rose by 0.15% to 4,247.50  and ASX 200 increased by 0.11% to 7,511.10.

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

Performance of Indices:

ASX Midcap 50 Index and ASX Small Ordinaries Index ended at 9,148.20 and 3,446.70 points, respectively. In the previous one year, ASX Midcap 50 Index witnessed a rise of ~30.30%.

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

Source: REFINITIV

Gainers and Losers:

On 2nd August 2021, nib holdings limited (ASX: NHF) stated that it would be releasing its full-year results for the period ending 30th June 2021 on 23rd August 2021.

Nuix Ltd. (ASX: NXL) rose by 2.74% to $2.620 per share.

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

Movement on Wall Street:

On 4th August 2021, NASDAQ Composite increased 0.13% to 14,780.53. Notably, Dow Jones Industrials Average declined 0.92% to 34,792.67. 

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

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