At the close of trading session on 28th October 2020, the equity market of Australia closed in green as the benchmark index S&P/ASX200 rose by 6.70 points to 6057.70. This was supported by gain of 1.81% and 1.78% in Academic & Educational Services and Consumer Non-Cyclicals sectors, respectively.
Sector Summary (Source: Refinitiv (Thomson Reuters))
Movements on the Wall Street: On October 27, 2020, Dow Jones Industrial Average witnessed a decline of 0.80% to 27,463.19. However, NASDAQ Composite increased 0.64% to 11,431.35.
Top Gainers and Losers: Blackmores Limited (ASX: BKL) and PolyNovo Limited (ASX: PNV) witnessed a rise of 13.66% and 8.73%, respectively. On the other hand, Adbri Limited (ASX: ABC) fell by 5.54%.
Top Movers (Source: Refinitiv (Thomson Reuters))
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.