Market Update: How S&P/ASX200 Performed. A Brief Look

  • Dec 18, 2019 AEDT
  • Team Kalkine
Market Update: How S&P/ASX200 Performed. A Brief Look

S&P/ASX200 closed in green on the end of trading session on 18th December 2019 as the index witnessed a rise of 4.1 points and reached at 6851.4. On the same trading session, All Ordinaries closed at 6957, reflecting an increase of 6.5 points or 0.1% on an intraday basis. S&P/ASX 200 Health Care (Sector) closed the session with a rise of 366.9 points and stood at 42,131.9. Also, S&P/ASX 200 Consumer Staples (Sector) closed by reaching 12,658.9, reflecting an increase of 79.1 points or 0.62% on an intraday basis.

There were some companies which performed well during the session and closed the trading session in green. CLINUVEL PHARMACEUTICALS LIMITED (ASX: CUV) ended at A$29.000, up 5.955% and Galaxy Resources Limited (ASX: GXY) closed the session at A$0.930 per share, indicating a rise of 4.494% on the close of trading session on 18th December 2019 on Australian Securities Exchange.

Coming to the gainers and losers at NZX Main Board, the investors need to note that PaySauce Limited (PYS) closed at NZ$0.500 with a rise of 6.38% on an intraday basis and Moa Group Limited (MOA) closed at NZ$0.300 per share which reflects a rise of 5.26%. Let us now have a look at the stocks which ended the session in red. Enprise Group Limited (ENS) witnessed a fall of 5.88% and stood at NZ$0.800. Smartpay Holdings Limited (SPY) was in red as there was a decline of 5.66% and closing price was NZ$0.500 per share.

It is advised to the readers that they should have a look at the information written by us. Recently, we covered Volt Resources Limited (ASX: VRC) and the market participants can have a look at the content provided by clicking here.

CLINUVEL PHARMACEUTICALS LIMITED rose 5.955% on Australian Stock Exchange

CLINUVEL PHARMACEUTICALS LIMITED (ASX: CUV) recently announced that The Bank of New York Mellon Corporation and each group entity has made a change to their substantial holdings in the company on 6th December 2019 and the current voting power stands at 9.73% as compared to the previous voting power of 10.74%.

Corporate Travel Management Limited Confirmed Guidance

Corporate Travel Management Limited (ASX: CTD) recently announced that Mitsubishi UFJ Financial Group, Inc has made a change to the substantial holding on 12th November 2019 and the current voting power stands at 9.75% as against the previous voting power of 10.84%. At the 2019 Annual General Meeting, the company confirmed its full year guidance, wherein, it expects underlying EBITDA in the range of $165 Mn-175 Mn, reflecting growth in the ambit of around 10%-16.5% as compared to the previous year. With respect to Australia and New Zealand, a combination of new client wins as well as momentum from wins in the prior financial year are anticipated to translate into another solid first half result. Despite challenging conditions, the Europe region has performed well because of robust execution, record client wins, cost management as well as diversity in the client portfolio of the company.

CUV Daily Technical Chart (Source: Thomson Reuters)


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