The S&P/ASX200 is lower today, dropping 29.90 points or 0.40% to 7,461.50 after setting a new 52-week high. The bottom performing stocks in this index are PointsBet Holdings Limited (ASX:PBH) and Whitehaven Coal Limited (ASX:WHC), down 11.60% and 5.13% respectively. Over the last five days, the index has gained 0.41% and is currently 0.60% off of its 52-week high.
Sectors are mixed. 8 of 11 sectors are lower today along with the S&P/ASX 200 Index. Information Technology is the best performing sector, gaining 4.70% and 9.23% for the past five days.
Now, let us look at some of the stocks that are trending today.
News Corp (ASX:NWS) to acquire OPIS
News Corporation (ASX:NWS) announced today that it has struck a deal to acquire the Oil Price Information Service (OPIS) and all associated assets from S&P Global and IHS Markit.
The top, extremely lucrative and constantly expanding digital data, analytics and insights provider will become part of Dow Jones’ burgeoning Professional Information Business (PIB), that features Dow Jones Risk & Compliance, Dow Jones Newswires and Factiva.
Learn and explore more about top asx stocks trending today:
https://kalkinemedia.com/au/news/stock-market/hottest-stocks-on-the-asx-that-are-trending-today
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