ASX 200 closes in green; materials & A-REIT lead gains

3 min read | November 09, 2022 04:38 PM AEDT | By Bhawna Gupta

Highlights

  • The ASX 200 benchmark index closed in green today (November 9), gaining 40.40 points or 0.58% to end at 6,999.30 points.
  • Over the last five days, the index is virtually unchanged, but is down 5.98% for the last year to date.
  • Materials was the biggest gainer, advancing 2.47% followed by A-REIT which ended 1.45% up, while Telecommunications Services falls 1.41%.

The ASX 200 benchmark index closed in green today (November 9), gaining 40.40 points or 0.58% to end at 6,999.30 points.

Key pointers from ASX close today

  • The ASX 200 benchmark index closed in green today (November 9), gaining 40.40 points or 0.58% to end at 6,999.30 points.
  • St Barbara Ltd (ASX:SBM) and Regis Resources Limited (ASX:RRL) gained the most on the index, moving ahead 13.00% and 12.66% respectively.
  • News Corporation (ASX:NWS) and Whitehaven Co (ASX:WHC) fell 11.15% and 8.50% respectively.
  • Over the last five days, the index is virtually unchanged, but is down 5.98% for the last year to date.
  • Three out of 11 sectors closed in green today.
  • Materials was the biggest gainer, advancing 2.47% followed by A-REIT which ended 1.45% up, while Telecommunications Services falls 1.41%.
  • The All-Ordinaries Index gained 0.52%.

Newsmakers

Peregrine Gold (ASX:PGD): Within its Newman gold property in Western Australia, Peregrine Gold (PGD) has discovered visible gold at the Birdsnest prospect, according to an ASX filing today (9 November).

This discovery is the result of a costean programme that was finished close to the historical rock chip sample that was reported last year.

Meanwhile, shares of Peregrine closed trading at AU$0.45 each, up 3.45% on ASX today.

Kairos Minerals (ASX:KAI): Through the analysis of more than 3500 soil samples taken at its Roe Hills property in Western Australia, Kairos Minerals has discovered at least seven additional lithium prospects, the company said in an ASX filing today (9 November).

The caesium, rubidium, and tin anomalies are related to fractionated granites and pegmatites, particularly highly fractionated lithium-caesium-tantalum (LCT) pegmatites, which are connected with the lithium anomalies.

Meanwhile, shares of Kairos closed at AU$0.033 per share, up 6.45% on ASX today.

Image source: © 2022 Kalkine Media® 
Data source- ASX website dated 8 November 2022

Bond yield

Australia’s 10-year Bond Yield stands at 3.89% as of 5.21 PM AEDT.

In global markets

The market continued to stage a  comeback from last week's hysteria about US interest rates thanks to encouraging signals from the US and commodity markets.

The S&P 500 climbed 0.56% to 3,828.11. The Dow Jones was up 1.02% to 33,160.83. The NASDAQ Composite gained 0.49% to 10,616.20, and the small-cap Russell 2000 decreased 0.049% to 1,808.93.

In Asia, the Asia Dow gained 0.35% while Nikkei in Japan fell 0.56%, the Hang Seng in Hong Kong lost 1.59% and Shanghai Composite in China decreased by 0.41% at 5.30 PM AEDT.

In commodities markets

Crude Oil WTI was spotted trading at US$88.43/bbl while Brent Oil was at US$95.23/bbl at 5.35 PM AEDT.

Gold was at US$1708.97 an ounce, copper was at US$3.69/Lbs and iron ore was at US$91.00/T at 5.35 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 LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. 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 that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website 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 (public domain/CC0 status) to where it was found and indicated it, as necessary.


Sponsored Articles


Investing Ideas

Previous Next