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ASX Market Update 2021-12-14

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S&P/ASX 200 was off -0.3% and the market was unchanged.

79 out of 150 (53%) largest-cap stocks closed higher, but only 44% of all ASX stocks closed higher.

5 sectors ended higher, Real Estate was the best with a 0.8% gain. Consumer Defensive was the worst with a -3.3 % loss.

Woolworths (WOW) was the primary culprit for the slump of Consumer Defensive. It released a surprise profit warning, and the share price tanked -7.7%, the largest loss in the large-cap stocks. Turning a YTD gain into a YTD loss of -2.1%.

Charter Hall (CHC) was boosted by Telstra’s new rental agreement, share price spiked 5.3%, hitting another all-time high with a YTD gain of 51%, and making Real Estate was the best sector today.

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