Highlights
- ASX 200 continue to retain its position in the green territory on Tuesday.
- Goodman Group traded in red despite reaffirming its profit guidance, probably due to the poor performance of the real estate sector today.
The S&P/ASX 200 index (ASX:XJO) was spotted trading 0.285% higher at 7113.2 at 3:47 PM AEST on the ASX today (17 May). The ASX 200 index continues to trade in the green territory after facing a lot of ups and downs in the last week.
In this article, we have chosen four ASX 200 giants across multiple sectors to analyse their performance on the ASX today. These stocks are - Wesfarmers, Goodman Group, Woolworths and Transurban Group.
Wesfarmers Limited (ASX:WES)
Image source: © Mohammedsoliman4 | Megapixl.com
The shares of Wesfarmers Limited (ASX:WES) were spotted trading 0.322% lower at AU$49.5 per share at 2:12 PM AEST on the ASX today (17 May). Approximately 569,000 shares of Wesfarmers were traded till now during today’s trading session on the ASX.
The share price of Wesfarmers has fallen approximately 8% on the ASX over the past 12 months. On the other hand, Wesfarmers’ year-to-date share price fell by 17.5% at 2:12 PM AEST on the ASX today.
Meanwhile, the S&P/ASX 200 Consumer Staples sector (ASX:XSJ) was spotted trading 0.6% higher at 13575.8 at 3:41 PM AEST today.
Goodman Group (ASX:GMG)
The shares of Goodman Group (ASX:GMG) were spotted trading 3.708% lower at AU$18.825 per share at 2:24 PM AEST on the ASX today (17 May).
Goodman recently released its operating updates for Q3 FY22 and confirmed its profit guidance for the remaining FY22. As a result, the company stated that it is anticipating its earnings per share to go up by 23% at the end of FY22 and is likely to pay 30 Australian cents of dividend to its eligible shareholders.
Meanwhile, the S&P/ASX 200 Real Estate sector (ASX:XRE) was spotted trading 1.088% lower at 3282.2 at 3:38 PM AEST today.
Read more: Goodman Group (ASX:GMG) confirms FY22 guidance; how are shares faring?
Woolworths Group Limited (ASX:WOW)
The shares of Woolworths Group Limited (ASX:WOW) were spotted trading 3.708% lower at AU$18.825 per share at 2:24 PM AEST on the ASX today (17 May).
The share price of Woolworths has gained approximately 10% on the ASX over the past 12 months. On the other hand, Woolworths’ year-to-date share price fell by 2.2% at 2:24 PM AEST on the ASX today (17 May).
Meanwhile, the S&P/ASX 200 Consumer Staples sector (ASX:XSJ) was spotted trading 0.599% higher at 13575.6 at 3:37 PM AEST today.
Read more: Why Woolworths (ASX:WOW) shares are down despite strong Q3 sales growth
Transurban Group (ASX:TCL)
Image source: © Jarek2313 | Megapixl.com
The shares of Transurban Group (ASX:TCL) were spotted trading 0.177% lower at AU$14.065 per share at 3:09 PM AEST on the ASX today (17 May).
The share price of Transurban has gained slightly by almost 1% on the ASX over the past 12 months. On the other hand, Transurban’s year-to-date share price also gained approximately by 1% at 3:09 PM AEST on the ASX today (17 May).
Meanwhile, the S&P/ASX 200 Industrials sector (ASX:XNJ) was spotted trading 0.939% lower at 6468.7 at 3:35 PM AEST today.
Read more: WES, GMG, WOW, TCL: How these ASX blue-chip stocks performed today?