The Sectoral Pulse || Which Company Hit With A Tariff Of 175.6 Percent?

The Sectoral Pulse by Kalkine TV – a special show covering all sectoral movements from the markets for the day.

Australian shares rose on Thursday, helped by energy and gold stocks that tracked higher prices of underlying commodities, although gains were capped by a disappointing earnings report from supermarket giant Woolworths.  

Shares of Ansell were among the top gainers on the benchmark for the second day in a row, rising nearly 5%. The medical devices maker projected strong sales growth for the half year and full year on Wednesday. The top percentage loser was Woolworths Group Ltd, as the company signalled an end to a pandemic-powered sales boost it had enjoyed last year and said its current quarter was trading flat.  

The S&P/ASX200 is trading up today, gaining 25.90 points to 7090.60. The top performing stocks in this index are CIMIC GROUP LIMITED and NICKEL MINES LIMITED. Over the last five days, the index has gained +0.50% and is currently +0.06% off of its 52-week high. 

On the sectoral front, Gold stocks rose 2%, as bullion prices jumped overnight after the U.S. Federal Reserve kept interest rates unchanged. 

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