The equity market of Australia ended in green on 14th September 2020, and the benchmark index S&P/ASX200 rose by 40.1 points to 5899.5. All Ordinaries settled the session at 6078.5 with a rise of 39.6 points. The basic materials sector and energy sector increased by 2.42% and 2.36%, respectively. However, the technology sector fell by 0.32%.
Sector Summary (Source: Refinitiv (Thomson Reuters)
Top Gainers and Losers: New Hope Corporation Limited (ASX: NHC) (up 8.48%), Flight Centre Travel Group Limited (ASX: FLT) (up 7.78%) and Whitehaven Coal Limited (ASX: WHC) (up 7.26%). Conversely, Cleanaway Waste Management Limited (ASX: CWY) was down by 7.14% and Nearmap Ltd (ASX: NEA) fell 6.50%.
Top Gainers and Losers (Source: Refinitiv (Thomson Reuters)
Movement in the US Markets:
On September 11, 2020, Dow Jones Industrial Average witnessed a rise of 0.48% to 27,665.64 while Nasdaq Composite fell 0.60% to 10,853.55.
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.