ASX 200 closes in green; consumer staples leads gains, energy falls

3 min read | November 17, 2022 04:25 PM AEDT | By Bhawna Gupta

Highlights

  • The ASX 200 benchmark index closed in the green today (November 17), gaining merely 13.50 points or 0.19% to end at 7,135.70 points.
  • Over the last five days, the index has gained 2.47%, but is down 4.15% for the last year to date.
  • Consumer staples was the biggest gainer, advancing 1.92%, followed by utilities, which ended 1.25% up, while energy fell 1.99%.

The ASX 200 benchmark index closed in the green today (November 17), gaining merely 13.50 points or 0.19% to end at 7,135.70 points.

Key pointers from the ASX closing today

  • Pendal Group (ASX:PDL) and Webjet Limited (ASX:WEB) gained the most on the index, moving ahead 10.54% and 10.14%, respectively.
  • Perpetual Ltd (ASX:PPT) and Whitehaven Coal Ltd (ASX:WHC) fell 12.64% and 6.50% respectively.
  • Over the last five days, the index has gained 2.47%, but is down 4.15% for the last year to date.
  • 9 out of 11 sectors closed in green today.
  • Consumer staples was the biggest gainer, advancing 1.92%, followed by utilities, which ended 1.25% up, while energy fell 1.99%.
  • The All-Ordinaries Index gained 0.16%.

Newsmakers

Nuheara (ASX:NUH): In addition to receiving certification for domestic unregulated products, Nuheara has received certification for the quality of its international medical devices, according to an ASX filing.

As a result of the business receiving 13485:2016 certification, Nuheara has successfully passed all requirements, most notably if it is efficient while being safe to use.

Tesoro Gold (ASX:TSO): To expand its El Zorro gold project in Chile, Tesoro Gold has started an AU$8 million capital campaign.

The AU$4.2 million placement, which will be made by Gold Fields subsidiary Corporate International as a strategic investment, and the AU$3.8 million entitlement offer make up the capital raise.

Image source: © 2022 Kalkine Media® 
Data source- ASX website dated 17 November 2022

Bond yields

Australia’s 10-year Bond Yield stands at 3.63% as of 4.11 PM AEDT.

Global markets

A tentative recovery lost steam when ABS data revealed that the unemployment rate dropped from 3.5% to 3.4% last month as the economy added 32,200 new jobs. More than twice as many jobs were added as the anticipated 15,000 gains.

The S&P 500 fell 0.83% to 3,958.79. The Dow Jones was down 0.12% to 33,553.83. The NASDAQ Composite lost 1.54% to 11,183.66, and the small-cap Russell 2000 decreased 1.91% to 1,853.17.

In Asia, the Asia Dow lost 1.16%, Nikkei in Japan fell 0.38% while the Hang Seng in Hong Kong was 2.42% down and the Shanghai Composite in China decreased by 0.88% at 4.16 PM AEDT.

In commodities markets

Crude Oil WTI was spotted trading at US$84.36/bbl, while Brent Oil was at US$92.04/bbl at 4.17 PM AEDT.

Gold was at US$1762.17 an ounce, copper was at US$3.73/Lbs, and iron ore was at US$99.00/T at 4.17 PM AEDT.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next