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.

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