Selling in Basic Materials and Energy Sectors Impacted Australian Market

On 20th September 2021, significant selling in the basic materials as well as energy sectors weighed over the performance of broader Australian market. ASX 20 declined by 1.99% to 3,986.50. The ASX 200 dropped 155.50 points or 2.10% to 7,248.20.

Data Source: ASX; Table Source: Copyright © 2021 Kalkine Media

Performance of Indices:

ASX Midcap 50 Index and ASX Small Ordinaries Index ended at 9,100.90 and 3,425.50 points, respectively.

S&P/ASX 200 vs S&P/ASX Midcap 50 Index vs ASX Small Ordinaries Index – One Year Return

Source: REFINITIV

Gainers and Losers:

Auckland International Airport Limited (ASX: AIA) released monthly traffic update as well as August 2021 preview on 14th September 2021. It stated that total passenger volumes rose 59.7% in July 2021 as compared to the last year.

Nufarm Ltd. (ASX: NUF) rose by 2.04% to $4.490 per share.

Data Source: ASX; Table Source: Copyright © 2021 Kalkine Media

Movement on Wall Street:

On 17th September 2021, NASDAQ Composite declined 0.91% to 15,043.97. Notably, Dow Jones Industrials Average fell 0.48% to 34,584.88.

Note: The reference data in this article has been partly sourced from REFINITIV

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