Selling in Basic Materials and Energy Sectors Witnessed

On 19th October 2021, the equity market in Australia was influenced by the selling pressure witnessed on the basic materials as well as energy sectors. Notably, ASX 20 and ASX 300 declined by 0.19% and 0.04%, respectively. On the same day, ASX 200 witnessed a fall of 0.08% to 7,374.90.

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

Performance of Indices:

ASX Midcap 50 Index closed at 9,336.40 points. This reflects a rise of ~19.15% in the past 1 year. 

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

Source: REFINITIV

Gainers and Losers:

Recently, Zip Co Limited (ASX: Z1P) announced Q1 results for the period ended 30th September 2021. It posted record group quarterly revenue amounting to $136.8 Mn (up 89% YoY).

The a2 Milk Company Ltd. (ASX: A2M) rose by 5.29% to A$6.970 per share.

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

Movement on Wall Street:

On 18th October 2021, NASDAQ Composite rose by 0.84% to 15,021.81. However, Dow Jones Industrials Average witnessed a fall of 0.10% to 35,258.61.

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

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