Afternoon update: ASX up 0.54%, Strong performances in IT, Asian markets gain
PUBLISHED
2023-08-24
Content
The S&P/ASX 200 is trading 0.54 per cent higher at 7,187.00.
Futures
The SPI futures are up 43 points.
Best and worst performers
The best-performing sector is Information Technology, up 4.6 per cent. The worst-performing sector is Consumer Staples, down 1.16 per cent.
The best-performing large cap is WiseTech Global (ASX:WTC), trading 9.04 per cent higher at $75.89. It is followed by shares in Northern Star Resources (ASX:NST) and Xero (ASX:XRO).
The worst-performing large cap is Ramsay Health Care (ASX:RHC), trading 12.56 per cent lower at $48.37. It is followed by shares in Whitehaven Coal (ASX:WHC) and JB Hi-Fi (ASX:JBH).
Asian markets
Japan's Nikkei has gained 0.51 per cent.
Hong Kong's Hang Seng has gained 1.91 per cent.
China's Shanghai Composite has gained 1.59 per cent.
Commodities and the dollar
Gold is trading at US$1,948.90 an ounce.
Light crude is trading $0.28 lower at US$78.61 a barrel.
One Australian dollar is buying 64.79 US cents.
Author
Name | Peter Milios | Peter Milios is a recent graduate from the University of Technology - majoring in Finance and Accounting. Peter is currently working under equity research analyst Di Brookman for Corporate Connect Research. |