Healthcare Stocks Supported Australian Market

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Healthcare Stocks Supported Australian Market

 Healthcare Stocks Supported Australian Market
Image source: Copyright © 2021 Kalkine Media Pty Ltd.

On 19th November 2021, the market in Australia closed the session in green after buying was encountered in the healthcare stocks. On the same day, ASX 20 and ASX MIDCAP50 rose by 0.19% and 0.25%, respectively. Also, ASX 200 has witnessed an increase of 0.23%.

Major S&P/ASX Indices Movement

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

Performance of Indices:

ASX Midcap 50 Index closed at 9,612.10 points. This implies ~18.86% 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:

Crown Resorts Limited (ASX:CWN) stated that it has received unsolicited as well as non-binding proposal from the company on behalf of funds managed and advised by Blackstone. This is for the acquisition of all of the shares in Crown by the way of the scheme of arrangement at the price amounting to A$12.50 cash per share.

Altium Ltd. (ASX: ALU) rose by 5.16% to A$43.180 per share.

Top 5 Gainers and Losers on 19 November 2021

Source: REFINITIV

Movement on Wall Street:

On 18th November 2021, NASDAQ Composite increased 0.45% to 15,993.71. However, Dow Jones Industrials Average fell 0.17% to 35,870.95.

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

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