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AU Evening Wrap: Australia Shares Fall 0.6%, Round Out Third Straight Weekly Loss

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Moomoo News AU wrote a column · Dec 23, 2022 00:31
G'day, mooers! Check out the latest news on today's stock market!
• ASX 200 closed 0.6% lower at 7107.7
• Top gainers: $Meridian Energy Ltd (MEZ.AU)$, $TPG Telecom Ltd (TPG.AU)$, $Mercury NZ Ltd (MCY.AU)$
• Top losers: $The Star Entertainment Group Ltd (SGR.AU)$, $PEXA Group Ltd (PXA.AU)$, $Novonix (NVX.AU)$
- moomoo News AU
$S&P/ASX 200 (.XJO.AU)$ closed 0.6% lower at 7107.7 as weakness in consumer stocks helped confirm the benchmark index's third consecutive weekly loss. Ten of the benchmark's 11 sectors finished lower, with consumer discretionary and staples losing 1.2% and 1.0%, respectively, amid worries of an economic downturn in 2023.
Auto-related stocks were particularly badly hit, with $Bapcor Ltd (BAP.AU)$, $ARB Corp Ltd (ARB.AU)$, $Eagers Automotive Ltd (APE.AU)$ and $GUD Holdings Ltd (GUD.AU)$ losing between 2.6% and 5.6%.
The heavyweight financial sector lost 0.5% as banks $ANZ Group Holdings Ltd (ANZ.AU)$, $Westpac Banking Corp (WBC.AU)$, $National Australia Bank Ltd (NAB.AU)$ and $Commonwealth Bank of Australia (CBAPK.AU)$ shed between 0.2% and 0.8%. Wealth managers lost even more.
The ASX 200 lost 0.6% over the week and is on course to lose ground in December for the first time since 2019.
S&P/ASX 200 Movers for Friday (23/12)
AU Evening Wrap: Australia Shares Fall 0.6%, Round Out Third Straight Weekly Loss
How to find the above information in moomoo app:
1. Open moomoo app

2. Search for and tap on ".XJO"

3. Roll down to see "Constituent Stocks"

4. You can filter the list based on "%Chg"
10 Top-Traded AU Stocks for Friday (23/12)
AU Evening Wrap: Australia Shares Fall 0.6%, Round Out Third Straight Weekly Loss
How to find the above information in moomoo app:

1. Open moomoo app

2. Tap your finger on "Market" and "AU"

3. Roll down and tap on "Main Board"

4. You can filter the list based on "Turnover"
Source: Dow Jones Newswires, The Market Herald
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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