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AU Evening Wrap: ASX Falls 0.45%; NAB Expects Rates to Lift to 4.1% by August

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Moomoo News AU wrote a column · May 16, 2023 02:03
The $S&P/ASX 200(.XJO.AU)$ fell in the afternoon to finish down 0.45 per cent on Tuesday, with gains among the materials sector offset by falls in the healthcare, tech and consumer staples sector.
The best performer on the day was $Life360 Inc(360.AU)$, which finished up 11.7 per cent. Building products group $James Hardie Industries PLC(JHX.AU)$ also jumped 8.3 per cent, after its full-year profit report beat expectations.
The worst performing stock on the benchmark S&P/ASX 200 Index was $Eagers Automotive Ltd(APE.AU)$ , which fell 5.9 per cent despite releasing no specific news to the market.
National Australia Bank's economics team is in the further rate increases camp and said it expects rates to hit 4.1 per cent by August.
S&P/ASX 200 Movers for Tuesday (16/5)
AU Evening Wrap: ASX Falls 0.45%; NAB Expects Rates to Lift to 4.1% by August
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 (16/5)
AU Evening Wrap: ASX Falls 0.45%; NAB Expects Rates to Lift to 4.1% by August
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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    Moomoo News AU
    Moomoo News Official Account
    Australian stock market news that is available at your fingertips
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