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The standard S & P / ASX 200 index (ASX: XJO) on Tuesday ended the day at 3.55% down from 6686 points.
The index has now fallen more than 10% this year. The worst performance on Tuesday was the energy sector hot running out S & P / ASX Energy Index (ASX: XEJ) down 4.88%.
However, several shares of the ASX 200 held the fort today. While their colleagues suffered losses, the three were among those who avoided the sell-off.
Shares of Computershare ended the day 1.55% higher at $ 23.53.
This technological share of the ASX 200 tends to rise after May 25 bounced back from a low of $ 22.77. The stock has definitely caught the attention of portfolio managers recently as well as my stupid colleague Tony Yu wrote last month.
In an interview with Livewire, Tribeca portfolio manager June Bei Liu said Computershare would benefit from rising interest rates.
That was the mood echoes Fairmont Equities Managing Director Michael GableYu writes with reference to Gable’s blog.
Despite a reversal last month, Computershare’s share price still rose 17% this year.
The Crown Resorts stock spent a lot of time in the green today before ending the day at $ 13.05. Last week, the ASX 200 stock exceeded its 52-week high and has been on a rising trend for the past six to eight months.
Crown’s share price has risen since June 9, when Crown provided updated information on the proposed acquisition private investment company Blackstone.
Now the acquisition has received approval from the Gambling Control Commission and Casino of Victoria and the New South Wales Independent Gambling and Alcohol Board.
The acquisition of nearly $ 9 billion is pushing for completion.
Finally, Uniti’s share price rose early in trading and closed 0.41% higher at $ 4.95 with no new upgrades.
Investors raised their stock price in March from a 52-week low of $ 3.05, and since then investors now realize a significant increase.
In April, it again attracted the attention of buyers. This time it was after Announced by Uniti the Morrison / Brookfield consortium has sweetened its acquisition of a telecommunications infrastructure company.
The consortium agreed to purchase an ASX 200 share for a cash reward of $ 5.00 per share less dividends.