ASX 200 closes in red; healthcare leads gains, A-REIT falls

3 min read | November 15, 2022 04:16 PM AEDT | By Bhawna Gupta

Highlights

  • The ASX 200 benchmark index closed in the red today (November 15), losing 4.70 points or 0.066% to end at 7,141.60 points.
  • Over the last five days, the index has gained 2.63% but is down 4.07% for the last year to date.
  • Healthcare was the biggest gainer, advancing 1.30%, followed by IT, which ended up 1.22%, while A-REIT fell 1.44%.

The ASX 200 benchmark index closed in the red today (November 15), losing 4.70 points or 0.066% to end at 7,141.60 points.

Key pointers from ASX close today

  • Incitec Pivot Ltd (ASX:IPL) and Elders Limited (ASX:ELD) gained the most on the ASX today, moving ahead by 6.68% and 5.19%, respectively.
  • Core Lithium Ltd (ASX:CXO) and Allkem Limited (ASX:AKE) fell 15.01% and 11.81%, respectively.
  • Over the last five days, the index has gained 2.63% but is down 4.07% for the last year to date.
  • Seven out of 11 sectors closed in green today.
  • Healthcare was the biggest gainer, advancing 1.30%, followed by IT, which ended up 1.22%, while A-REIT fell 1.44%.
  • The All-Ordinaries Index fell 0.065%.

Newsmakers

Aldoro Resources (ASX:ARN): A diamond drilling campaign has begun at the Target 2 area of Aldoro Resources' Narndee nickel-platinum group element project in Western Australia, according to an ASX filing.

The target is predicated on a "very strong" aeromagnetic anomaly connected to geochemical anomalies and surface gossans, and it is located 500 metres to the north of Target 1.

Meanwhile, Aldoro Resources' shares closed 2.67% higher at AU$0.39 each on ASX today.

Brookside Energy (ASX:BRK): In Oklahoma's Anadarko Basin, Brookside Energy (BRK) has spudded the Wolf Pack well in the SWISH area of interest (AOI), the company said in an ASX filing today.

The Wolf Pack Well, along with the Jewell, Rangers, and Flames wells, is Brookside's first well in its phase two development drilling programme and its fourth operational well inside the SWISH region of interest.

Meanwhile, Brookside Energy's shares closed 9.09% higher at AU$0.012 each on ASX today.

Image Source: © 2022 Kalkine Media ® 
Data Source- ASX website dated 15 November 2022

In global markets

In a turnabout from yesterday, falls in resource equities outnumbered advances in healthcare providers, internet companies, and several banks. After outperforming the larger market for a significant portion of the year, several lithium miners experienced double-digit drops.

Inability to sustain a surge that gave the major benchmarks their greatest weekly returns in at least five months, Wall Street declined into this morning's close.

The S&P 500 fell 0.89% to 3,957.25. The Dow Jones was 0.63% down to 33,536.70. The NASDAQ Composite decreased by 1.12% to 11,196.22, and the small-cap Russell 2000 lost 1.14% to 1,861.25.

In Asia, the Asia Dow was 0.38% up, the Hang Seng in Hong Kong gained 4.05% while Shanghai Composite in China increased by 1.45%, and Nikkei in Japan gained 0.14% at 4.05 PM AEDT.

Bond yield

Australia’s 10-year bond yield stands at 3.77% as of 4.03 PM AEDT.

In commodities markets

Crude Oil WTI was spotted trading at US$85.18/bbl, while brent  was at US$92.74/bbl at 4.06 PM AEDT.

Gold was at US$1771.79 an ounce, copper was at US$3.87/Lbs, and iron ore was at US$97.00/T at 4.06 PM AEDT.


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