Highlights:
- Most of the sectors under the S&P/ASX 200 index have ended today’s trading session on a negative note, including the index itself.
- Out of the five well-performing sectors today, the Health Care sector led the gains.
- This article includes five of the top 50 ASX listed stocks- Amcor, CSL, Woolworths, Coles and Xero.
Out of the eleven significant sectors under the S&P/ASX 200 index, six closed in the red zone, pushing the benchmark index end weak. The S&P/ASX 200 Energy sector led the losses while the Health Care sector led the gains on ASX today (26 September 2022).
The S&P/ASX 200 index (INDEXASX:XJO) ended today’s trading session at 6469.4 points after losing 1.602% on ASX.
On the other hand, the S&P/ASX 50 index (INDEXASX:XFL) closed at 6309.2 points after shedding 1.295% or 82.8 points on ASX.
This article primarily features five ASX-listed companies from the list of ASX 50 stocks and discusses their performance on ASX today- Amcor Plc (ASX:AMC), CSL Limited (ASX:CSL), Woolworths Group Limited (ASX:WOW), Coles Group Limited (ASX:COL), Xero Limited (ASX:XRO).
Amcor Plc (ASX:AMC)
Food packaging material producer Amcor Plc (ASX:AMC) closed trading on a positive note on Monday (26 September 2022). Amcor’s share price settled at AU$16.810 per share after gaining 0.238% on ASX today.
In the last one year, Amcor’s share price has gained almost 4% on ASX. Furthermore, Amcor’s shares have gained 1.70% on a year-to-date basis (as of 4:10 PM AEST today).
Amcor is primarily a packaging business that operates through Amcor Rigid Plastics and Amcor Flexibles. The company produces plastic containers used for packing beverages and food products along with some personal care items. The company also deals with the production of flexible packing materials like tobacco packaging, etc.
Meanwhile, the S&P/ASX 200 Consumer Discretionary sector (INDEXASX:XDJ) closed 0.74% higher at 2682.6 points after gaining 19.7 points on ASX today.
CSL Limited (ASX:CSL)
Australian healthcare giant CSL Limited (ASX:CSL) ended Monday’s trading session in the green territory. CSL’s share price gained 2.398% to AU$284.810 per share by the end of today’s trading session.
The share price of CSL has fallen 7% on ASX in the last 12 months. Shares on a year-to-date basis, have fallen almost by 4% on ASX (as of 4:10 PM AEST today).
Incorporated in 1991, CSL Limited is a health care company that is primarily involved with the development, research, manufacturing and marketing of cell culture media, human plasma fractions and other pharmaceutical and diagnostic products. Along with Australia, the company owns facilities in Switzerland, the United Kingdom and the United States.
Meanwhile, the S&P/ASX 200 Health Care sector (INDEXASX:XHJ) ended 1.97% stronger at 40740.1 points on ASX.
Woolworths Group Limited (ASX:WOW)
Image source: © BCritchley | Megapixl.com
Renowned Australian supermarket Woolworths Group Limited (ASX:WOW) shares closed in the green zone on ASX today. Woolworths' share price marked a gain of 2.390% to AU$34.700 per share by the end of today’s trading session on ASX.
During the last one year, Woolworths’ share price has fallen over 11% on ASX. On year-to-date basis, Woolworths’ share price has fallen almost 10% on ASX (as of 4:10 PM AEST today).
Belonging to the consumer staples sector, Woolworths is a popular Australian supermarket brand selling groceries and other staples. The store was founded in the year 1924, and today it accounts for a large portion of the Australian market. Woolworths operates through several segments such as Australian Food and Petrol, Endeavour Drinks segment, New Zealand supermarkets, BIGW and Hotels.
Meanwhile, the S&P/ASX 200 Consumer Staples sector (INDEXASX:XSJ) closed 1.205% higher at 12491.7 points on ASX today.
Coles Group Limited (ASX:COL)
Popular Australian food and beverage retailer Coles Group Limited (ASX:COL) shares closed today’s trading on a positive note on ASX. Coles’ share price closed 1.958% stronger to AU$16.660 per share.
In the last one year, Coles’ share price has fallen approximately by 2% on ASX. On a year-to-date basis, its share price has fallen by almost 7% on ASX (as of 4:10 PM AEST today).
Incorporated in 1914, Coles Group is a renowned supermarket in Australia. Since its incorporation, the company has grown from a variety store to a full-fledged retail firm, involved with the distribution of consumer products such as food grains, fresh food, groceries, household items, liquor, fuel and financial services through its retail stores and online platforms.
Xero Limited (ASX:XRO)
Accounting software developer Xero Limited (ASX:XRO) ended Monday’s trading session in the green territory on ASX. The share price of Xero settled at AU$78.950 per share after marking a gain of 3.162%.
Within the last one year, Xero’s share price has fallen over 47% on ASX. Xero’s share price on year-to-date basis, has lost 46% (as of 4:10 PM AEST today).
Xero is a New Zealand-based software company that is listed under the information technology sector on ASX. The company specialises in developing cloud-based accounting software for small and medium-sized businesses. Currently, Xero has more than 1.38 million subscribers, and its footprints are spread across more than 180 countries. Xero’s software serves several industries, including retail, high-tech, non-profit, legal, e-commerce, tourism, healthcare, real estate, etc.
Meanwhile, the S&P/ASX 200 Information Technology sector (INDEXASX:XIJ) closed at 1418.1 points, up 1.112% or 15.6 points on ASX.