My key ASX takeaways from the week
Drew Meredith, CFP
September 27, 2021
The S&P/ASX 200 (ASX:XJO) finished the week down 0.8% while US stock markets moved higher. Here are my key takeaways.
The S&P/ASX 200 Index (INDEXASX: XJO) is an Australian stock market index, created and maintained by Standard & Poor’s (S&P). It tracks the value of the 200 largest public companies ranked by their market capitalisation, adjusted for the shares that are actually available on the market. The S&P/ASX 200 will increase if enough companies see their share prices rise, and fall when they are sold down.
If you’re studying the stock market’s return over time, don’t forget about dividends. The XJO index does NOT include dividends paid by companies. If you want a more complete picture of the performance of Australian shares, use the S&P/ASX 200 Net Total Return Index (INDEXASX: XNT) index.
Company |
Industry |
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Resources |
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Resources |
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Healthcare |
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Financials |
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Financials |
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Financials |
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Energy |
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Financials |
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Consumer Discretionary
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Telecommunications
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This chart shows performance of the index and S&P/ASX 200 Net Total Return (INDEXASX: XNT), which includes the impact of dividends being reinvested. The three most popular indices for Australian shares are the All Ordinaries (INDEXASX: XAO), S&P/ASX 200 Net Total Return (INDEXASX: XNT), and S&P/ASX 200 (INDEXASX: XJO).
The S&P/ASX 200 (ASX:XJO) finished the week down 0.8% while US stock markets moved higher. Here are my key takeaways.
US stock markets overcame a growing wall of worries to post a positive end to the week. Nike (NYSE:NKE) & Costco shares are making headlines.
The S&P/ASX 200 (ASX: XJO) finished the week on a negative note as AusNet (ASX:AST) and Domain (ASX:DHG) shares were in the news.
US stock markets staged a strong recovery overnight with the tech sector pushing the Nasdaq higher. Facebook (NASDAQ:FB) is in the news.
The S&P/ASX 200 (ASX: XJO) rallied throughout the session on Wednesday as Zip (ASX:Z1P) and Westpac (ASX:WBC) shares made headlines.
US stock markets couldn’t hold onto gains delivered during another ‘buy the dip’ session as Uber (NYSE:UBER) stock rallied.
The S&P/ASX 200 (ASX:XJO) managed to push higher on Tuesday with AusNet (ASX:AST) and BHP (ASX:BHP) shares back in the headlines.
Both the Dow Jones and S&P 500 staged late recoveries to finish 1.7% lower as a mounting wall of negative sentiment hits global sharemarkets.
The S&P/ASX 200 (ASX:XJO) suffered its worst day since February, falling 2.1% on the back of ongoing weakness in the commodity sector.
The S&P/ASX 200 (ASX:XJO) finished the week down 0.8% while US stock markets moved higher. Here are my key takeaways.
US stock markets overcame a growing wall of worries to post a positive end to the week. Nike (NYSE:NKE) & Costco shares are making headlines.
The S&P/ASX 200 (ASX: XJO) finished the week on a negative note as AusNet (ASX:AST) and Domain (ASX:DHG) shares were in the news.
US stock markets staged a strong recovery overnight with the tech sector pushing the Nasdaq higher. Facebook (NASDAQ:FB) is in the news.
The S&P/ASX 200 (ASX: XJO) rallied throughout the session on Wednesday as Zip (ASX:Z1P) and Westpac (ASX:WBC) shares made headlines.
US stock markets couldn’t hold onto gains delivered during another ‘buy the dip’ session as Uber (NYSE:UBER) stock rallied.
The S&P/ASX 200 (ASX:XJO) managed to push higher on Tuesday with AusNet (ASX:AST) and BHP (ASX:BHP) shares back in the headlines.
Both the Dow Jones and S&P 500 staged late recoveries to finish 1.7% lower as a mounting wall of negative sentiment hits global sharemarkets.
The S&P/ASX 200 (ASX:XJO) suffered its worst day since February, falling 2.1% on the back of ongoing weakness in the commodity sector.
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