The Last Trade || Why S&P/ASX 200 closed down 0.9% ?

The last streaming segment of the day talks about the market closing scenario, along with giving a glimpse into the performance of the Asian markets. Watch The Last Trade on Kalkine TV and stay updated.

• The S&P/ASX200 closed 68.10 points or 0.93 per cent lower at 7,273.30, led by sharp sell-off across tech, banks and consumer discretionary stocks.

• The resurgent of COVID-19 cases in Australia has triggered concerns about the country’s economic recovery. The country's most populous state of New South Wales faces lockdown extension after it reported 44 new locally acquired cases of coronavirus in the past 24 hours.

• State and territory leaders have agreed to establish a home quarantine trial for fully vaccinated travellers in South Australia.

• The information technology sector was the worst performer with 3.14 per cent loss.

• industrial firm CSR was top percentage loser on ASX, falling 6.61 per cent.

• In a similar trend, Australian healthcare stocks posted their second consecutive session of losses.

• Shares of Silk Logistics Holdings made strong debut on the ASX today, surging 22.5 per cent to AU$2.45 on the first day of trading.

• The Australian-based minerals company Charger Metals surged 17.5 per cent to 23.5 cents on the ASX debut, in an otherwise weak broader market.

• Buy-now-pay-later firm humm Group slipped as much as 4.5 per cent to 96.5 cents on likely exposure to Forum Finance fraud case. 





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