ASX 200 closes up; IT and Energy lead gains

August 30, 2022 05:07 PM AEST | By Khushboo Joshi
 ASX 200 closes up; IT and Energy lead gains
Image source: © Timonschneider | Megapixl.com

Highlights:

  • The S&P/ASX 200 closed up on Tuesday (30 August 2022), gaining 0.47% to end the day at 6,998.30 points.
  • The benchmark index has gained 0.52% in last five days but is down 5.99% on year-to-date basis.
  • Ten out of eleven sectors ended in the green zone.
  • Information Technology and Energy sectors led the gains while Materials sector closed marginally down.

The S&P/ASX 200 benchmark index closed higher on Tuesday (30 August 2022), gaining 0.47% to 6,998.30.

Key pointers from ASX close today

  • The ASX 200 benchmark index closed in green on Tuesday (30 August 2022).
  • The top performing stocks in this index were Mineral Resources Limited and The A2 Milk Company Limited, up 6.20% and 6.11% respectively.
  • The bottom performing stocks featured Ramelius Resources and Domino’s Pizza, ended down 5.233% and 3.709% respectively.
  • In last five trading sessions, ASX 200 has gained 0.52%, but the index is down 5.99% on year-to-date basis.
  • Materials sector closed 0.044% lower at 16,427.4 points.
  • Information Technology sector closed 1.84% up, Energy ended 1.43% higher followed by Consumer Staples that advanced 81% , A-REIT ended 0.76% up and Consumer Discretionary closed 0.70% higher.
  • Industrials, Financial, Health Care, Utilities and Telecommunications Services closed tad higher on ASX.

 

News Makers

WiseTech Global Limited (ASX:WTC) – The company informed today that it is considering to buy US firm Envase Technologies. According to WTC, it is a part of the company’s strategy to expand its business through acquisitions. The stock WTC was quoted 3.999% strong at AU$58.510 apiece at 3:59 PM AEST.

Healius Limited (ASX:HLS) – Healius, in its financial results announced today, shared that its underlying NPAT for the year ended 30 June 2022 has doubled up to touch AU$309.3 million. The stock ended 3.513% strong at AU$3.830 apiece today (August 30).

Cettire Limited (ASX:CTT) – Luxury online retailer Cettire, in its results for the 12 months ended 30 June 2022, shared that it has delivered record sales revenue, up 127% to AU$209.9 million. The stock however, ended 17.714% lower today (August 30).

Woodside Energy Group Ltd (ASX:WDS) -  In its half year report for the period ended 30 June 2022, Woodside posted a net profit after tax of US$1,640 million and a positive free cash flow of U$2,568 million. The stock WDS closed 1.471% higher at AU$35.870 apiece on Tuesday.    

Bond yields

Australia 10-year bond yield stands at 3.638% at 4:03 PM AEST, 30 August 2022.

In global markets:

Wall Street closed lower on Monday (29 August) as the rate hike worries continue to weigh on the market. Last week too US stocks had incurred sharp losses on regular concerns regarding Federal Reserve increasing the interest rates aggressively in order to curb inflation.

The benchmark S&P 500 closed 0.67% down at 4,030.61; the Nasdaq Composite ended 1.02% lower to 12,017.67 and the Dow Jones Industrial Average closed at 32,098.99, down 0.57%.  

In Commodities markets:

Crude Oil WTI was spotted at US$97.00/bbl at 2:10 PM AEST while Brent Oil was at US$102.69/bbl at 2:10 PM AEST, 30 August 2022.

Gold was at US$1,746.05 an ounce at 2:11 PM AEST today (30 August 2022). 


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