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Australian equity markets ended higher for the fourth day on Friday (25 March 2022). The benchmark ASX 200 index rose 0.26% or 19.10 points to close at 7406.2, a ten-week high. Mining stocks led gains in the market today and energy stocks also contributed to the gains despite a overnight fall in the oil price.
Meanwhile, ASX Midcap50 rose by 0.91% and while the ASX All Ordinaries moved up by 0.27% to 7,689.90.
Data Source: ASX, Table Source: Copyright © 2022 Kalkine Media
Performance of Indices:
ASX Midcap 50 Index closed at 9,310.40 points. This implies ~12.78% increase in the previous 1 year.
S&P/ASX 200 vs S&P/ASX Midcap 50 Index vs ASX Small Ordinaries Index – One Year Return
Source: REFINITIV
Gainers and Losers:
BlueScope Steel Ltd (ASX: BSL) rose by 5.093% to $21.460 and Brickworks Ltd (ASX: BKW) was up by 4.809% to $23.970.
Recently, Flight Centre Travel Group Ltd (ASX: FLT) released a presentation, wherein, the company highlighted about its corporate business overview. It has robust global presence as well as the company is focusing towards organic expansion.
Source: REFINITIV
Movement on Wall Street:
On 24th March 2022, NASDAQ Composite Index rose 1.93% to 14,191.84. Notably, Dow Jones Industrials Average increased by 1.02% to 34,707.94.
Note: The reference data in this article has been partly sourced from REFINITIV
