Afternoon update: S&P/ASX 200 dips 0.35% as Energy shines, Pilbara Minerals struggles

19Sep

Afternoon update: S&P/ASX 200 dips 0.35% as Energy shines, Pilbara Minerals struggles

 

The S&P/ASX 200 is trading 0.35 per cent lower at 7,205.40.

Futures

The SPI futures are down 27 points.

Best and worst performers

The best-performing sector is Energy, up 0.60 per cent. The worst-performing sector is REITs, down 0.7 per cent.

The best-performing large cap is New Hope Corporation (ASX:NHC), trading 3.65 per cent higher at $6.39. It is followed by shares in BlueScope Steel (ASX:BSL) and Yancoal Australia (ASX:YAL).

The worst-performing large cap is Pilbara Minerals (ASX:PLS), trading 3.33 per cent lower at $4.205. It is followed by shares in Meridian Energy (ASX:MEZ) and James Hardie Industries plc (ASX:JHX).

Asian markets

Japan's Nikkei has lost -1.41 per cent.
Hong Kong's Hang Seng has gained 0.02 per cent.
China's Shanghai Composite has gained 0.02 per cent.

Commodities and the dollar

Gold is trading at US$1,953.60 an ounce.
Light crude is trading $1.02 higher at US$92.50 a barrel.
One Australian dollar is buying 64.37 US cents.
Copyright 2023 – Finance News Network


Source: Finance News Network

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