Financials and Industrials Sectors Supported Australian Market

On 20th October 2021, the stock market in Australia was supported by the significant buying which was witnessed in the financials as well as industrials sectors. Notably, ASX 20 and ASX 300 rose by 0.61% and 0.51%, respectively. Notably, ASX 200 witnessed a rise of 0.53% to 7,413.70.

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

Performance of Indices:

ASX Midcap 50 Index closed at 9,403.50 points. This implies the rise of ~19.97% 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:

Flight Centre Travel Group Limited (ASX: FLT) rolled out an offering of A$400 Mn senior unsecured convertible notes due 2028. These are convertible into the fully-paid ordinary shares in Flight Centre.

Worley Ltd. (ASX: WOR) rose by 7.53% to A$11.280 per share.

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

Movement on Wall Street:

On 19th October 2021, NASDAQ Composite rose 0.71% to 15,129.09. Also, Dow Jones Industrials Average increased 0.56% to 35,457.31.

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

Comment


Disclaimer

Ad

GET A FREE STOCK REPORT


Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.


   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK