Market Update: S&P/ASX200 Ended in Red Led by Fall in Basic Materials Sector

  • September 22, 2020 11:11 PM AEST
  • Team Kalkine
Market Update: S&P/ASX200 Ended in Red Led by Fall in Basic Materials Sector

At the close of trading session on 22nd September 2020, equity market of Australia settled in red. The benchmark index S&P/ASX200 stood at 5784.1, reflecting a fall of 38.5 points. At the close of same session, All Ordinaries fell by 40 points to 5973.5. The healthcare sector and technology sector rose by 1.49% and 1.11%, respectively. However, the basic materials sector witnessed a fall of 1.99%.

Sector Summary (Source: Refinitiv (Thomson Reuters))

Top Gainers and Losers: Xero Limited (ASX: XRO) (up 4.39%), Fisher & Paykel Healthcare Corporation Limited (ASX: FPH) (up 4.07%), Healius Limited (ASX: HLS) (up 3.90%). On the other hand, Webjet Limited (ASX: WEB) and Corporate Travel Management Limited (ASX: CTD) experienced a fall of 6.04% and 5.78%, respectively.

Top and Bottom Movers (Source: Refinitiv (Thomson Reuters)

Movement in the US Markets:

On September 21, 2020, Dow Jones Industrial Average fell 1.84% to 27,147.70 and NASDAQ Composite encountered a decline of 0.13% to 10,778.80.

 

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