On 11th September 2020, equity market of Australia closed in red, and the benchmark index S&P/ASX200 fell by 49.1 points to 5859.4. At the end of same session, All Ordinaries settled at 6038.9 with a drop of 0.84%. The healthcare sector increased by 0.24%, while the energy sector and technology sector witnessed a decline of 1.63% and 1.39%, respectively.
Sector Summary (Source: Refinitiv, Thomson Reuters)
Gainers and Losers: Whitehaven Coal Limited (ASX: WHC) (up 5.92%), Cromwell Property Group (ASX: CMW) (up 2.34%) and IPH Limited (ASX: IPH) (up 2.20%). On the other hand, Nearmap Ltd (ASX: NEA) and The Star Entertainment Group Limited (ASX: SGR) experienced a fall of 14.88% and 4.19%, respectively.
Top Movers (Source: Refinitiv, Thomson Reuters)
Fall in the US Markets: On 10th September 2020, Dow Jones Industrial Average declined 1.45% to 27,534.58 while Nasdaq Composite fell 1.99% to 10,919.59.
Want to get exclusive insights into the star stock of the year? Gold stocks stood solid and ensured a safety net for investors.
Click now to access our report on Gold Stocks to understand how the rise in gold prices propelled the ASX-listed gold stocks, and many emerged as the star performer of the year.
Inside this report, you shall discover
How the price trends of gold have got it where it is With the rallying gold prices and the record-buying from Central Banks, the gold spot rose from $1,655.14 (low in December 2018) to $2,322.26 (high in August 2019). A promising return of over 40 percent was seen in the year 2019. Get exclusive insights into how the trends set the foundation for the performance and how Gold stocks seem to be a safe bet when you look back.
Which stocks you should have been looking at: Find out which stocks delivered promising returns to investors. Gold stocks such as Gold Road Resources Limited (ASX: GOR), Kirkland Lake Limited (ASX: KLA) Newcrest Mining Limited (ASX: NCM) delivered better returns against the S&P Commodity Producers Gold Total Return Index.