At the close of trading session on 24th September 2020, equity market of Australia settled in red. The benchmark index S&P/ASX200 fell by 48 points to 5875.9. This was mainly led by fall of 1.85% and 1.66% in energy sector and technology sector, respectively. At the close of same session, All Ordinaries stood at 6056.5 with a fall of 54.8 points.
Sector Summary (Source: Refinitiv (Thomson Reuters))
Top Gainers and Losers: Abacus Property Group (ASX: ABP) and Mirvac Group (ASX: MGR) moved by 3.61% and 3.38%, respectively. On the other hand, Avita Therapeutics Inc. (ASX: AVH) and Ramelius Resources Limited (ASX: RMS) plunged by 7.20% and 6.48%, respectively.
Top Movers (Source: Refinitiv (Thomson Reuters)
Movement on Wall Street:
On September 23, 2020, Dow Jones Industrial Average witnessed a fall of 1.92 percent to 26,763.13. Notably, NASDAQ Composite declined 3.02% to 10,632.99.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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