Hello everyone, this is Dean from Kalkine TV, and you are watching “The Stocks in Action.” Let’s look what’s happening in the markets
The S&P/ASX200 is lower today, dropping 22.10 points or 0.31% to 7043.50 at 11:34 AM AEST, after setting a new 52week high. The bottom performing stocks in this index are CHALLENGER LIMITED and LYNAS RARE EARTHS LIMITED, down 10.91% and 6.27%. Over the last five days, the index has gained 0.95% and is currently 0.72% off of its 52week high. Sectors are mixed. 9 of 11 sectors are lower today along with the S&P/ASX 200 Index. Energy is the best performing sector, gaining 0.22% and rebounding from its recent decline. This sector is off 1.42% for the past five days.