Market Update: S&P/ASX200 Settled Below its 125-Day Moving Average

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Market Update: S&P/ASX200 Settled Below its 125-Day Moving Average

 Market Update: S&P/ASX200 Settled Below its 125-Day Moving Average

At the close of trading session on 30th October 2020, the equity market of Australia ended in red as the benchmark index S&P/ASX200 moved down by 32.70 points to 5927.60. This was manly due to intraday fall of 5.07% and 1.69% in Academic & Educational Services and Industrials sectors.

Sector Summary (Source: Refinitiv, Thomson Reuters)

 

Movements on the Wall Street: On October 29, 2020, Dow Jones Industrial Average rose by 0.52% to 26,659.11. On the same day, NASDAQ Composite also rose 1.64% to 11,185.59.

Top Gainers and Losers: AMP Limited (ASX: AMP) and ResMed Inc. (ASX: RMD) soared by 19.53% and 9.45%, respectively. On the other hand, Western Areas Limited (ASX: WSA) plunged by 17.74%.

Top Movers (Source: Refinitiv, Thomson Reuters)

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