Energy and Financials Sectors Supported Broader Australian Market

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Energy and Financials Sectors Supported Broader Australian Market

 Energy and Financials Sectors Supported Broader Australian Market
Image source: Copyright © 2021 Kalkine Media Pty Ltd.

On 16th September 2021, the broader Australian market ended in green as significant buying was encountered in energy as well as financials sectors. ASX 20 rose by 0.72% to 4,103.60 and ASX 200 increased by 0.58%. Also, ASX 300 rose by 0.55%.

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

Performance of Indices:

ASX Midcap 50 Index and ASX Small Ordinaries Index ended at 9,398.40 and 3,540.50 points, respectively. ASX Midcap 50 Index increased by ~30.79% in the time span of 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:

Pilbara Minerals Limited (ASX: PLS) made an announcement about the appointment of Miriam Stanborough to its Board as the non-executive Director. This would be effective from 2nd October 2021.

AUB Group Ltd. (ASX: AUB) rose by 5.17% to A$24.410 per share.

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

Movement on Wall Street:

On 15th September 2021, NASDAQ Composite increased 0.82% to 15,161.53. Notably, Dow Jones Industrials Average rose 0.68% to 34,814.39.

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

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