ASX 200 opens in red; who are the major losers?

  • February 26, 2021 02:29 PM AEDT
  • Team Kalkine
    Team Kalkine
    Team Kalkine
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    Team Kalkine comprises of experts who understand various markets nuances and are enthusiastic and passionate to provide best possible offerings in the form of insights and stories. The team has rich experience of working across different markets with...

The ASX 200 on Friday opened lower, down 41.40 points or 0.61 per cent to 6792.60, after the Wall Street ended lower as new economic data showed slow progress in recovery. In addition, the investors appeared eager to shift from high-value stocks to other growth sectors. On Thursday, the S&P 500 fell 2.45 per cent to 3829.34.

Sandfire Resources Ltd (up 11.11 per cent) and Nanosonics Ltd (up 9.53 per cent) were among the top gainers. How ASX 200 progressed in the last five days Over the last five days, the index is virtually unchanged, but is currently 2.10 per cent below its 52-week high. On Thursday, the ASX 200 closed at 6,834, up 56.20 points or 0.83 per cent.

Australian Dollar, Bonds, Oil and Bitcoin

AUD/USD was trading down 1.21 per cent to 0.7879.

WTI Crude Oil (Futures) last traded up 0.40 per cent to US$63.47 per barrel.

The Australian government’s 10-year bond yields stood at 1.877, up 8.9 per cent. Bitcoin was trading down 0.99 per cent to US$48,358.

 


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