On 23rd September 2020, the equity market of Australia ended in green as the benchmark index S&P/ASX200 settled at 5923.9, with a gain of 2.42%. This was primarily supported by Academic and Educational Services sector and Industrials sector as these sectors soared by 3.65% and 3.61%, respectively.
Sector Summary (Source: Refinitiv (Thomson Reuters))
Top Gainers and Losers: Service Stream Limited (ASX: SSM) and Eagers Automotive Limited (ASX: APE) witnessed a rise of 14.04% and 7.05%, respectively. On the flip side, Ramelius Resources Limited (ASX: RMS) tumbled by 7.30%.
Top Movers (Source: Refinitiv (Thomson Reuters)
Movement in US Markets:
On September 22, 2020, Dow Jones Industrial Average rose 0.52% to 27,288.18 and NASDAQ Composite encountered a rise of 1.71% to 10,963.64.
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.