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AU Evening Wrap: ASX Rallies on Hopes for May Rates Pause

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Moomoo News AU wrote a column · Mar 7, 2023 00:45
G'day, mooers! Check out the latest news on today's stock market!
• ASX jumps 0.5%
• Top gainers: $Sims Ltd(SGM.AU)$, $Downer EDI Ltd(DOW.AU)$, $Orora Ltd(ORA.AU)$
• Top losers: $Megaport Ltd(MP1.AU)$, $Judo Capital Holdings Ltd(JDO.AU)$, $Liontown Resources Ltd(LTR.AU)$
- moomoo News AU
The $S&P/ASX 200(.XJO.AU)$ rose 0.5 per cent, or 36.1 points, to 7364.7 on Tuesday, buoyed by hopes that the Reserve Bank was approaching the end of its tightening cycle.
$InvoCare Ltd(IVC.AU)$ soared 35 per cent to $12.08 after receiving a $1.8 billion takeover bid from private equity group $TPG Inc(TPG.US)$.
$Megaport Ltd(MP1.AU)$ sank 15 per cent to $4.88 after its chief executive Vincent English resigned.
$Sayona Mining Ltd(SYA.AU)$ jumped 4.3 per cent to 24.5¢ on news that it was selling $54.9 million worth of shares at 31.5¢ apiece.
$Rio Tinto Ltd(RIO.AU)$ fell 0.3 per cent to $$125 after being fined $US15 million ($22.3 million) by the SEC relating to an alleged bribery scheme.
S&P/ASX 200 Movers for Tuesday (7/3)
AU Evening Wrap: ASX Rallies on Hopes for May Rates Pause
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 Tuesday (7/3)
AU Evening Wrap: ASX Rallies on Hopes for May Rates Pause
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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