Market Update: S&P/ASX200 Settled at New 100-Day High

  • October 15, 2020 10:09 PM AEDT
  • Team Kalkine
Market Update: S&P/ASX200 Settled at New 100-Day High


On 15th October 2020, equity market of Australia ended in green as the benchmark index S&P/ASX200 moved up by 31.10 points to 6210.30. This was led by growth of 2.21% and 1.71% in Energy and Utilities sectors, respectively.

Sector Summary (Source: Refinitiv (Thomson Reuters))

Movements on Wall Street:

On October 14, 2020, Dow Jones Industrial Average fell by 0.58% to 28,514.00. NASDAQ Composite encountered declined 0.80% to 11,768.73.

Top Gainers and Losers: Whitehaven Coal Limited (ASX: WHC) and Pro Medicus Limited (ASX: PME) soared by 11.58% and 7.65%, respectively. On the flip side, Zip Co. Ltd (ASX: Z1P) plunged by 7.52%.

Top Movers (Source: Refinitiv (Thomson Reuters))



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.



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