AU Evening Wrap: Rebound Brings Relief From February Fade
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• ASX 200 rose 33.6 points or 0.47 per cent • Top gainers: $Judo Capital Holdings Ltd(JDO.AU$, $Telix Pharmaceuticals Ltd(TLX.AU$, $Chalice Mining Ltd(CHN.AU$
• Top losers: $Harvey Norman Holdings Ltd(HVN.AU$, $Yancoal Australia Ltd(YAL.AU$, $Cromwell Property Group(CMW.AU$
- moomoo News AU
• ASX 200 rose 33.6 points or 0.47 per cent • Top gainers: $Judo Capital Holdings Ltd(JDO.AU$, $Telix Pharmaceuticals Ltd(TLX.AU$, $Chalice Mining Ltd(CHN.AU$
• Top losers: $Harvey Norman Holdings Ltd(HVN.AU$, $Yancoal Australia Ltd(YAL.AU$, $Cromwell Property Group(CMW.AU$
- moomoo News AU
The $S&P/ASX 200(.XJO.AU$ rose 33.6 points or 0.47 per cent this afternoon. The rally lifted the index off a six-week low and pared its loss for the month to 2.9 per cent.
Resource and property stocks led the advance after overnight relief from strengthening in rates and the US dollar. Harvey Norman and Adbri were the index's biggest losers following disappointing trading updates.
Mining stocks rebounded with US dollar-denominated metal prices after the greenback pulled back from a seven-week peak. Gold rallied overnight for the first time in six sessions. Copper, nickel and aluminium rose on the London Metal Exchange.
$De Grey Mining Ltd(DEG.AU$ rallied 7.72 per cent. $Gold Road Resources Ltd(GOR.AU$ gained 5.76 per cent. $West African Resources Ltd(WAF.AU$ added 5.71 per cent.
$Harvey Norman Holdings Ltd(HVN.AU$ sank 7.45 per cent after warning of a 10.2 per cent sales decline at its Australian franchises last month compared to the same period last year. First-half net profit eased to $365.9 million from $430.9 million in the prior corresponding period.
$Adbri Ltd(ABC.AU$ dropped 7.07 per cent after scrapping its final dividend and warning costs headwinds will persist this year. The construction materials producer reported a fall in first-half profit to $102.5 million from $116.7 million in the prior corresponding period.
S&P/ASX 200 Movers for Tuesday (28/2)
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"
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 Tuesday (28/2)
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"
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
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