January 27, 2023 Friday, 13:03 Hrs
 Home |   IFCI Group  |   About Us  |   Our Network  |   Contact Us  |   Career  |   Employee
SENSEX  59,238.19  -966.87 
BSE
Home   Equity   News   Foreign Markets  
Detailed News
Back
Australia Market falls on profit booking
28-Nov-22   15:43 Hrs IST

Australia stock market finished session lower on Monday, 28 November 2022, snapping four days of winning streak, as investors opted to book profit following stellar rally in previous four days, with shares in energy and materials leading selloff.

At closing bell, the benchmark S&P/ASX200 index was down 30.34 points, or 0.42%, to 7,229.14. The broader All Ordinaries index sank 29.05 points, or 0.39%, to 7,418.60.

The top performing stocks in S&P/ASX200 index were NEW HOPE CORP and WHITEHAVEN, up 5.4% and 4% respectively. The bottom performing stocks in S&P/ASX200 index were HEALIUS LIMITED and LIONTOWN RESOURCES LIMITED, down 10.09% and 7.50% respectively.

Total 7 of 11 sectors were lower along with the S&P/ASX 200 Index. Energy sector was worst performer, erasing 1.7%, followed by materials (down 0.9%) and consumer discretionary (down 0.7%). Telecommunications Services was the best performing sector, gaining +0.62%.

Shares of materials and energy sectors declined amid global oil prices dropping and investors remaining cautious amid protests and lockdowns in China. Rio Tinto fell more than 1%, BHP Group dropped almost 1% and Mineral Resources fell almost 2%. Beach energy dropped more than 2%, Woodside Energy shed more than 1% and Santos was down almost 2%.

Lithium stocks tumbled, with Allkem slumping 9.2% and Pilbara Minerals falling 7.5% following concerns of demand in China.

Coal miners were the index's shining light on Monday, with Yancoal and Whitehaven two of the biggest lifters, jumping 5.4% and 5% respectively. Coal prices have continued to climb as the Northern Hemisphere enters its coldest months.

CURRENCY NEWS: The Australian dollar Aussie dollar was trading at $0.669 on Monday.

Powered by Capital Market - Live News

BSE
Enter Stock for
Company details
   Attention Investors : We would like to inform the investor to be rid of investment tips to invest with them in their bogus firms by promising huge profits, we never share the customer information like Mobile number, email ID etc., with any of the outside companies. We sensitize the customers to be aware of fraudsters and ignore any technical tips received from the unknown contacts. IFIN/ICOM will not be responsible for any bogus messages received by you.Please do NOT disclose your User ID and/or Passwords to any persons, even IFIN/ICOM staff never ask you to share the same. IFIN/ICOM is neither liable for any loss arising from your sharing of your password with anyone, Nor from its consequent unauthorized use. Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant. Receive information of your transactions directly from Exchange / Depository on your mobile / email at the end of the day .... Issued in the interest of Investors. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. Please update your annual income details immediately. KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary    Eq : Rights & Obligations in 15 regional vernacular languages    Commodity : Rights & Obligations in 15 regional vernacular languages, Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant. Receive information of your transactions directly from Exchange / Depository on your mobile / email at the end of the day .... Issued in the interest of Investors. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account, “Link your aadhaar number with your trading / Demat account. “ Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1,2020.     |  |    Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.     |  |    Pay 20% upfront margin of the transaction value to trade in cash market segment.     |  |    Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.     |  |    Check your Securities/MF/Bonds in the consolidated account statement issued by NSDL/CDSL every month.     |  |    .......... Issued in the interest of Investors. All our clients are requested to link their PAN with Aadhaar.     |  |    AADHAAR AND PAN LINK - CHECK STATUS - Click Here     |  |    AADHAAR AND PAN LINK – UPDATE STATUS - Click Here  
Full View