Market Update:S&P/ASX200 Ended in Green on Strong Industrials Sector Performance

  • Sep 16, 2020 AEST
  • Team Kalkine
Market Update:S&P/ASX200 Ended in Green on Strong Industrials Sector Performance

 

 

On September 16, 2020, S&P/ASX200 ended the session in green as there was a rise of 1.04% to 5956.1. On the same day, All Ordinaries rose by 1.11% to 6146.9. Notably, Industrials sector witnessed an increase of 2.59% and technology sector encountered an increase of 1.96%.  Healthcare sector rose by 1.26% and telecommunications services sector increased by 1.21%.

Sector Summary (Source: Refinitiv (Thomson Reuters))

Top Movers: Seek Ltd (ASX: SEK) (up by 9.42%), Eagers Automotive Ltd (ASX: APE) (up by 7.93%) and EML Payments Ltd (ASX: EML) (up by 6.34%). On the flip side, Whitehaven Coal Ltd (ASX: WHC) witnessed a fall of 5.18% and GWA Group Ltd (ASX: GWA) fell by 1.89%.

Top Movers (Source: Refinitiv (Thomson Reuters))

Movements on Wall Street:

On September 15, 2020, Dow Jones Industrial Average encountered a marginal rise and it closed the session at 27,995.60. Notably, NASDAQ Composite witnessed a rise of 1.21% to 11,190.32.

 

Penny stocks have been known to attract investors who are looking for explosive gains and it is possible to get lucky with these typically speculative investments. Just as the name suggests, penny stocks trade at low prices and are common shares of small public companies.

Get an exclusive insight into the features of penny stocks along with their pros and cons. Read about what you should be wary about when figuring out ways to invest in them, so that the possibility for big rewards does not tend to outweigh the risks.

Find out more about penny stock winners from 2019

CLICK HERE FOR YOUR FREE REPORT!

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. All pictures are copyright to their respective owner(s). Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK