AUS
NZ
UK
CA
USA
IND
_10_04_2024_16_38_50_427275.jpg)
Highlights
- The ASX 200 benchmark index closed up today, gaining 0.65% to end at 7,009.70 points.
- Over the last five days, the index has gained 2.68%, but is down 5.84% on year to date basis.
- A-REIT was the best performing sector, gaining 1.66%.
The S&P/ASX200 closed higher on Tuesday (13 September), gaining 45.20 points or 0.65% to end at 7,009.70 points.
Energy producers and precious metal miners benefited from further gains in crude, gold, and silver.
Key pointers from ASX close today
- The ASX 200 benchmark index closed up today, gaining 45.20 points or 0.65% to end at 7,009.70 points.
- Top performing stocks were Chalice Mining Ltd (ASX:CHN) and Novonix Ltd (ASX:NVX), up 9.81% and 7.52% respectively.
- Bottom performing stocks in this index were Link Administration Holdings Ltd (ASX:LNK) and Ramsay Health Care Limited (ASX:RHC), ending 20.09% and 10.36% lower respectively.
- Over the last five days, the index has gained 2.68%, but is down 5.84% for the last year to date.
- 9 out of 11 sectors ended the day in green zone.
- A-REIT was the best performing sector, gaining 1.66%.
- Healthcare was the worst performing sector today, losing 0.75%.
- Volatility indicator A-VIX index was up 4.74% at 4.14 PM AEST.
- The All-ordinaries Index gained 0.63%.
Newsmakers
Victory Goldfields (ASX:1VG): At its North Stanmore rare earth element (REE) find in Western Australia, Victory Goldfields (1VG) is getting ready to start a 9000-metre aircore drilling operation.
The drilling will proceed from the thick, high-grade intersections found in the recently verified extensive REE mineralisation.
Meanwhile, shares of Victory Goldfields closed at AU$0.22 per share, down 2.27% on ASX today.
Wellnex Life (ASX:WNX): Wellnex Life has started a share purchase plan (SPP) for eligible shareholders at an issue price of 7.5 cents, a 21.88% discount of the closing price on September 12.
The business plans to use the funds raised to advance the OneLife Botanicals joint venture and become one of the first businesses to provide an over-the-counter medical cannabis product in the Australian market.
Meanwhile, shares of Wellnex Life closed at AU$0.088 per share, down 8.33% on ASX today.
Image Source: © 2022 Kalkine Media ®
Data Source- ASX website dated 13 September 2022
Bond yield
Australia’s 10-year Bond Yield stands at 3.59% as of 4.56 PM AEST.
In global markets
Benchmark US indexes began the week on a strong note on Monday, 12 September, as investors awaited the important inflation statistics that will be issued by the Labor Department on September 13.
In order to combat the multi-decade high inflation, numerous Federal Reserve officials, including Fed Chair Jerome Powell, reaffirmed this week that they would continue to pursue strong monetary policies.
The statements have increased the likelihood that the Fed would raise interest rates by another 75 basis points at its meeting on 20-21 September, but investors seem to have ignored these concerns in favour of profiting from the down stock prices.
The S&P 500 rose 1.06% to 4,110.41. The Dow Jones was up 0.71% to 32,381.34. The NASDAQ Composite added 1.27% to 12,266.41, and the small-cap Russell 2000 rose 1.23% to 1,906.09.
In Asia, Nikkei in Japan jumped 0.25%, the Asia Dow gained 0.16% while the Hang Seng in Hong Kong increased by 0.17% and Shanghai Composite in China advanced 0.8053% at 5.04 PM AEST.
In commodities markets
Crude Oil WTI was spotted trading at US$87.70/bbl while Brent Oil was at US$93.83/bbl at 5.05 PM AEST today.
Gold was at US$1723.63 an ounce, copper was at US$3.63/Lbs and iron ore was at US$104.50/T at 5.06 PM AEST on 12 September 2022.
