Market Update: How S&P/ASX200 Performed on January 6, 2020? A Quick Look

  • Jan 06, 2020 AEDT
  • Team Kalkine
Market Update: How S&P/ASX200 Performed on January 6, 2020? A Quick Look

At the close of trading session on 6th January 2020, S&P/ASX200 witnessed a rise of 2.2 points from its previous closing session and stood at 6735.7. On the same day, All Ordinaries ended in green with an increase of 2.2 points on an intraday basis. We would now have a look at the performance of some sectors on January 6, 2020. S&P/ASX 200 Consumer Discretionary (Sector) ended in green as there was a rise of 13.8 points and stood at 2,719.1. S&P/ASX 200 Energy (Sector) experienced a surge of 148.4 points or 1.25% and settled at 11,861.6.

Let us now have a look at the performance of individual stocks. Top performer on ASX at the end of session includes Evolution Mining Limited (ASX: EVN), which witnessed a rise of 6.812% and closed at A$3.920 per share. Newcrest Mining Limited (ASX: NCM) closed at A$31.370 per share and indicated an increase of 3.943% on an intraday basis.

We will now have a look at the performance of stocks at NZX Main Board. New Zealand Oil & Gas Ltd (NZO) ended the session at NZ$0.700 per share, up 10.24% on an intraday basis. Blis Technologies Limited (BLT) was closed at NZ$0.074 per share and indicated a rise of 5.71% on an intraday basis. Turning to losers, PaySauce Limited (PYS) fell by 21.64% on an intraday basis and stood at a NZ$1.050 per share. Also, New Talisman Gold Mines Limited (NTL) ended the session with a fall of 14.29% and reached at NZ$0.006 per share.

Recently, we have written important information of Victory Mines Limited (ASX: VIC) and it is important for the readers to have a quick look at the content. To view, click here.

Evolution Mining Limited Rose 6.812% on ASX

As per the key personnel of Evolution Mining Limited (ASX: EVN), the company continues to pursue its strategy of upgrading the quality of its asset portfolio with the overriding imperatives of patience as well as discipline. The company stated that it can restore Red Lake’s position as a low-cost gold producer because of the well-directed investment amounting to US$100 Mn in capital and US$50 Mn in exploration in the span of next 3 years. On the back of operating mine cash flow amounting to A$772 Mn, net mine cash flow amounting to A$498 Mn, as well as group free cash flow of A$292 Mn, EVN reported statutory net profit of A$218 Mn.

Newcrest Mining Limited Was Added to S&P/ASX 20 Index

In a recent release, S&P Dow Jones Indices announced changes in S&P/ASX indices, which became effective at open of trading on December 23, 2019. As per the release, Newcrest Mining Limited has been added to S&P/ASX 20 Index. In another update, the company notified the market participants that it has acquired a further 10,977,502 common shares of Lundin Gold Inc. from Kinross Gold Corporation for the consideration amounting to C$7.25 per share, or C$79.6 million in the aggregate, at a discount of 4.2% to last trade price.


Disclaimer

This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
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