The Mid Market Pulse || Which Sectors Are Trading In Red And Green Today?

This is The Mid Market Pulse. Lets get started with the mid market commentary for today and see how the ASX 200 traded today.

• The benchmark index ASX 200 is trading higher by the afternoon, adding 38.70 points or 0.55% to 7100.4. In the last five session, the index has gained 1.06% and is currently 0.30% lower than its 52-week high.

• The traders were keeping an eye on the Reserve Bank of Australia’s (RBA) quarterly statement on monetary policy which was scheduled to be released today.

• And now, moving on to the Gainers and Losers 

• Technology services company Appen Limited (ASX:APX) is a top performer on the ASX today. The stock is up over 6% after falling as much as 21% in the previous session. Kogan.com Ltd. (ASX:KGN), St Barbara Limited (ASX:SBM), Nearmap Ltd. (ASX:NEA) and Gold Road Resources Limited (ASX:GOR) are among other top gainers on the ASX.  

• Some of the worst performing shares are Pro Medicus (ASX:PME), CSR (ASX:CSR), Afterpay (ASX:APT), Nuix (ASX:NXL) and Pilbara Minerals (ASX:PLS).  

• The share price of SportsHero Limited (ASX:SHO) rose over 6% to AU$0.320 after the company announced that it has signed a revenue sharing partnership with UK based Sportclips Limited, which has a exclusive subscriber agreement with Indosat Ooredoo, Indonesia’s second largest Telco.

• Goodman Group (ASX:GMG) has released third quarter performance report. The company has rereported strong operating performance during March quarter, driven by customer led demand for its assets in selected markets.

• Austal Limited (ASX:ASB) share price rose over 2% to AU$2.43 after the company cleared its stance on participation in a consortium that it is negotiating to buy the former Hanjin Heavy Industries shipyard at Subic Bay in the Philippines.

• Cannindah Resources Limited (ASX:CAE) share price jumps 25% after latest results confirm presence of large gold intervals.

• White Cliff Minerals Limited (ASX:WCN) announced the results of reverse circulation (RC) drilling at the company's 100%-owned Reedy South Gold Project near Cue, Western Australia, on Thursday.

• Gold prices flared as the weaker US dollar propelled the precious metal, an inflation hedge, above the key US$1,800 an ounce for the first time in the last 10 weeks.


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