Market Update: S&P/ASX200 Surpassed 6000 as Financials Sector Rose 2.17%

At the close of trading session on 7th October 2020, equity market of Australia settled in green as S&P/ASX200 rose by 1.25% to 6,036.4. Financials sector rose by 2.17% and Consumer Cyclicals sector increased by 1.94%.

Sector Summary (Source: Refinitiv (Thomson Reuters))

Movements on the Wall Street:

On October 6, 2020, Dow Jones Industrial Average fell by 1.34% to 27,772.76. Also, NASDAQ Composite declined 1.57% to 11,154.60.

Top Movers: At the close of session, Virgin Money UK PLC (ASX: VUK) and Eagers Automotive Limited (ASX: APE) witnessed a rise of 6.25% and 5.29%, respectively. On the other hand, Newcrest Mining Limited (ASX: NCM) moved down by 2.12%.

Top Movers (Source: Refinitiv (Thomson Reuters))





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