Australian market closes in green, consumer discretionary leads gains

2 min read | January 05, 2023 04:30 PM AEDT | By Bhawna Gupta

Highlights

  • The ASX 200 benchmark index closed in the green today (January 5), gaining 8.20 points or 0.12% to end at 7,067.40 points.
  • The index has gained 67% over the last five days but is down 6.59% for the last 52 weeks.
  • Consumer discretionary emerged as the biggest gainer, jumping 0.83% followed by financial which was up 0.49%.

The ASX 200 benchmark index closed in the green today (January 5), gaining 8.20 points or 0.12% to end at 7,067.40 points.

Key pointers from ASX closing today

  • Pinnacle Investment Management Group Ltd (ASX:PNI) and Core Lithium Ltd (ASX:CXO) gained the most on the ASX today, moving ahead 7.58% and 7.28%, respectively.
  • Brainchip Holdings Ltd (ASX:BRN) and Karoon Energy Ltd (ASX:KAR) fell 6.63% and 5.48%, respectively.
  • The index has gained 67% over the last five days but is down 6.59% for the last 52 weeks.
  • Consumer discretionary emerged as the biggest gainer, jumping 0.83% followed by financial which was up 0.49%.
  • The All-Ordinaries Index gained 0.14%.

Global markets

The S&P 500 gained 0.75% to 3,852.97. The Dow Jones was 0.40% up to 33,269.77. The NASDAQ Composite increased 0.69% to 10,458.76, and the small-cap Russell 2000 climbed 0.64% to 1,772.54.

In Asia, Asia Dow was 0.55% up, Shanghai Composite in China jumped 0.88% while Hang Seng in Hong Kong gained 1.16% and Nikkei in Japan increased 0.40% at 4.04 PM.

Bond yields

Australia’s 10-year bond yield stood at 3.84% as of 4.05 PM AEDT.

In commodities markets

Crude Oil WTI was spotted trading at US$73.87/bbl, while brent price was noted at US$78.79/bbl at 4.06 PM AEDT.

Gold price was US$1851.02 an ounce, copper price was noted at US$3.73/Lbs, and iron ore was at US$117.00/T at 4.06 PM AEDT.


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