Market Update: S&P/ASX200 Closed in Red After a Fall in the US Markets

  • Sep 11, 2020 AEST
  • Team Kalkine
Market Update: S&P/ASX200 Closed in Red After a Fall in the US Markets

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.


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