Technology Stocks Helped Australian Market

On 30th November 2021, the equity market in Australia was helped by the buying witnessed in the technology stocks. On the same day, ASX MIDCAP50 rose by 0.56% and ASX 300 increased by 0.27%. Also, ASX 200 has witnessed a rise of 0.22% to 7,256.00

Major S&P/ASX Indices Movement 

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

Performance of Indices:

ASX Midcap 50 Index closed at 9,386.60 points. This implies ~17.54% increase in the previous 1 year. 

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

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

Source: REFINITIV

Gainers and Losers:

Collins Foods Limited (ASX: CKF) announced the results for the half-year ended 17th October 2021(or H1 FY 2022). Th company’s revenue rose 8.5% to $534.2 Mn and statutory EBITDA from continuing operations was up by 10.0% to $92.5 Mn.

Orocobre Ltd. (ASX: ORE) rose by 7.92% to A$10.220 per share.

Top 5 Gainers and Losers on 30 November 2021

Source: REFINITIV

Movement on Wall Street:

On 29th November 2021, NASDAQ Composite increased by 1.88% to 15,782.83. Notably, Dow Jones Industrials Average rose 0.68% to 35,135.94.

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

Comment


Disclaimer

Ad

GET A FREE STOCK REPORT


Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.


   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK