AU Evening Wrap: ASX Falls for Fourth Day; Miners Sink
$S&P/ASX 200(.XJO.AU$ ended 0.5% lower at 7451.5, notching its fourth straight day of losses as the December rally looks to be petering out.
All sectors finished in the red, but the benchmark was dragged most by the technology sector, which fell 0.8%, and the materials sector, which lost 0.7%.
Some banks were also weaker, as stronger-than-anticipated U.S. jobs data weighed on rate-cut sentiment. Australia's largest lender, $CommBank(CBA.AU$, fell 0.9%, while $National Australia Bank Ltd(NAB.AU$ lost 0.2%. Financial company $Macquarie Group Ltd(MQG.AU$ dropped 0.8%.
$Core Lithium Ltd(CXO.AU$ was the session's worst performer and continued its downward trajectory, falling 17%. Other lithium miners also did poorly, with $Liontown Resources Ltd(LTR.AU$ dropping 2.5% and $Pilbara Minerals Ltd(PLS.AU$ closing 2.8% lower.
S&P/ASX 200 Movers for Monday (Jan/8)
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 (Jan/8)
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
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