Energy Stocks Impacted Broader Australian Market

On 9th December 2021, the Australian equity market closed the session in red after significant selling was witnessed in the energy stocks. On the same day, ASX 20 declined by 0.27% and ASX 300 fell by 0.23%. Also, ASX 200 has encountered a decline of 0.28% to 7,384.50.

Major S&P/ASX Indices Movement

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

Performance of Indices:

ASX Midcap 50 Index closed at 9,525.50 points. This implies ~15.96% 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

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

Source: REFINITIV

Gainers and Losers:

Recently, it was announced that Redbubble Limited (ASX: RBL) would be removed from S&P/ASX 200 Index. This was as per the changes in the S&P/ASX Indices and would become effective prior to the open on 20th December 2021.

AGL Energy Limited (ASX: AGL) has witnessed a rise of 4.659% to A$5.840 per share.

Top 5 Gainers and Losers on 09 December 2021

Source: REFINITIV

Movement on Wall Street:

On 8th December 2021, NASDAQ Composite rose 0.64% to 15,786.99. Notably, Dow Jones Industrials Average increased 0.10% to 35,754.75.

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

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