At the close of trading session on 17th November 2020, the equity market of Australia ended in green as the benchmark index S&P/ASX200 witnessed an intraday gain of 0.21% to 6498.20. Energy sector rose by 3.60% and financials sector increased 1.35%.
Sector Summary (Source: Refinitiv (Thomson Reuters))
Movements on the Wall Street: On November 16, 2020, Dow Jones Industrial Average increased 1.59% to 29,950.44. Notably, NASDAQ Composite rose by 0.80% to 11, 924.13.
Top Gainers and Losers: Unibail-Rodamco-Westfield (ASX: URW) and Whitehaven Coal Limited (ASX: WHC) soared by 16.25% and 8.05%, respectively. On the other hand, Charter Hall Group (ASX: CHC) fell by 5.95%.
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.