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AU Evening Wrap: Australia shares close 1.2% lower

avatarMoomoo News AUwrote a column05/02 14:59
G'day, mooers! Check out the latest news on today's stock market!
• ASX 200 closed 1.2% lower at 7347.0
• Top gainers: $Zimplats Holdings Ltd(ZIM.AU)$, $Qantas Airways Ltd(QAN.AU)$, $Chalice Mining Ltd(CHN.AU)$
• Top losers: $Imugene Ltd(IMU.AU)$, $Pro Medicus Ltd(PME.AU)$, $WiseTech Global Ltd(WTC.AU)$
- moomoo News AU
Australia's $S&P/ASX 200(.XJO.AU)$ closed 1.2% lower at 7347.0, driven by a technology share sell-off.All sectors ended the day in the red, with the tech sector leading losses, falling 4.0%.

Healthcare stocks also fell 1.5%. The three largest tech companies by market capitalization, $WiseTech Global Ltd(WTC.AU)$, $Xero Ltd(XRO.AU)$ and $Computershare Ltd(CPU.AU)$, lost between 2.1% and 7.3%.

Travel stocks rose after Australia's biggest airline, $Qantas Airways Ltd(QAN.AU)$, said it would order dozens of planes from European manufacturer Airbus SE, including new aircraft to fly non-stop between Australia and the U.S. and the U.K.

$Qantas Airways Ltd(QAN.AU)$ rose 2.9%, while $Flight Centre Travel Group Ltd(FLT.AU)$ closed 1.8% higher.

$Imugene Ltd(IMU.AU)$ was the day's biggest loser, diving 14% after it announced the termination of a supply agreement.
S&P/ASX 200 Movers for Monday (5/2)
AU Evening Wrap: Australia shares close 1.2% lower
10 Top-Traded AU Stocks for Monday (5/2)
AU Evening Wrap: Australia shares close 1.2% lower
Source: Dow Jones Newswires, The Market Herald
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