Highlights:
- Today majority of the sectors under the S&P/ASX 200 index have ended in green, including the consumer discretionary sector.
- However, on the other hand, the consumer staples sector closed today's trading session in red territory.
- This article features some leading ASX-listed consumer stocks and their respective performances on the ASX today.
It would not be an exaggeration to say that consumer sector is considered as the safest sector to invest in share market. It is believed that consumer stocks can sustain through every challenging market condition and can deliver steady gains to their shareholders.
On 9 August 2022, the S&P/ASX 200 Consumer Staples sector (INDEXASX:XSJ) ended at 13590.0 points after losing 27.3 points or 0.2%.
Meanwhile, the S&P/ASX 200 Consumer Discretionary sector (INDEXASX:XDJ) ended 1.371% stronger at 2928 points after gaining 39.6 points.
In this article, we will be analysing the performance of some leading consumer stocks, such as Woolworths, Coles, Wesfarmers, Endeavour Group, and Tabcorp; and will see how they have fared today.
Image source: © BCritchley | Megapixl.com
Woolworths Group Limited (ASX:WOW)
Australian food staple retailer Woolworths Group Limited (ASX:WOW) shares closed today’s trade at AU$38.150 per share after falling marginally by 0.209% on the ASX today (9 August).
In a year's time, Woolworths' share price has fallen almost by 5% on the ASX. On the other hand, Woolworths' YTD-based share price fell slightly by 0.83% (as of 4:10 PM AEST on the ASX today).
Coles Group Limited (ASX:COL)
The shares of Australian supermarket Coles Group Limited (ASX:COL) closed at AU$18.710 per share after losing 0.372% on the ASX today.
Within the last 12 months, Coles' share price has appreciated by 3.60% on the ASX. Meanwhile, Coles' YTD-based share price gained by 4.53% (as of 4:10 PM AEST on the ASX today).
Wesfarmers Limited (ASX:WES)
Renowned ASX-listed retailer Wesfarmers Limited (ASX:WES) shares ended 1.7% strong at AU$47.570 apiece on the ASX today.
During the last 12 months, Wesfarmers' share price has fallen significantly by 25.39% on the ASX. Furthermore, Wesfarmers' YTD-based share price fell almost by 21% (as of 4:10 PM AEST on the ASX today).
Image source: © Terovesalainen | Megapixl.com
Endeavour Group Limited (ASX:EDV)
Australian liquor retailer Endeavour Group Limited (ASX:EDV) shares closed 0.127% lower on Tuesday afternoon. Endeavour's share price stood at AU$7.860 per share.
Over the past 12 months, Endeavour's share price has appreciated by 12.13% on the ASX. Moreover, the company's YTD-based share price gained by almost 16% (as of 4:10 PM AEST on the ASX today).
Tabcorp Holdings Limited (ASX:TAH)
Gambling and entertainment service provider Tabcorp Holdings Limited (ASX:TAH) shares buzzed into the green territory on the ASX today and closed 0.515% higher at AU$0.975 per share.
Over the last one year, Tabcorp's share price has appreciated by 2.63% on the ASX. On the contrary, Tabcorp's YTD-based share price fell by almost 3% (as of 4:10 PM AEST on the ASX today).