AU Evening Wrap: ASX 200 Edge 0.1% Higher as Bank Stocks Gain
Australia's $S&P/ASX 200(.XJO.AU$ closed 0.1% higher at 7675.8 as bank stocks helped the benchmark index rally from an opening dip. The ASX 200 initially slipped following a weak lead from U.S. equities, which fell Friday amid worries over stubbornly high inflation.
Lenders $Westpac Banking Corp(WBC.AU$, $ANZ Group Holdings Ltd(ANZ.AU$, $National Australia Bank Ltd(NAB.AU$ and $CommBank(CBA.AU$ put on between 0.5% and 0.8% Monday as Australia's heavyweight financial sector finished 0.6% higher. Australia's central bank is scheduled to announce its latest interest-rate decision on Tuesday. Economists expect the RBA to keep the cash rate on hold.
Weakness among coal miners helped pull the energy sector down by 0.35%.
S&P/ASX 200 Movers for Monday (Mar/18)
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 Monday (Mar/18)
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, AFR
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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rylar : concise and clear summary
Philip_AU : banking stocks also bounced back
kakaobohne : Other economic data could dominate the week
Liam Mitchell : This went up really just a little bit.
Wealthy Leio : Top 10 hopefully earns me two.
EvanderAU : Strongly support BHP!!!!!
Peterson111 :
