S&P/ASX200 Supported By Financials Sector

  • September 25, 2020 09:48 PM AEST
  • Team Kalkine
S&P/ASX200 Supported By Financials Sector

On 25th September 2020, equity market of Australia settled in green as S&P/ASX200 rose by 1.51% to 5964.9. This growth was mainly contributed by the gain of 3.71% in financials sector and 2.05% in energy sector. At the close of same session, All Ordinaries stood at 6140.5, reflecting an increase of 1.39%.

Sector Summary (Source: Refinitiv  (Thomson Reuters))

Sector Summary (Source: Refinitiv (Thomson Reuters))

Top Movers and Gainers: Whitehaven Coal Limited (ASX: WHC) and Westpac Banking Corporation (ASX: WBC) soared by 8.02% and 7.39%, respectively. On the flip side, Monadelphous Group Limited (ASX: MND) fell by 4.01%.

Top Movers (Source: Refinitiv  (Thomson Reuters)

Top Movers (Source: Refinitiv (Thomson Reuters)

Movement in US Markets:

On September 24, 2020, Dow Jones Industrial Average increased 0.20% to 26,815.44 and NASDAQ Composite rose by 0.37% to 10,672.27.


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.



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