AU Evening Wrap: Australia Shares Lose 1.8% for Largest Drop in a Year
Australia's $S&P/ASX 200(.XJO.AU$ fell 1.8% to close at 7704.2, its heaviest one-day loss in a year, as shares of heavyweight banks and miners weighed. The ASX 200 ended last week at a record high but slumped at the open following a weak lead by U.S. equities, which fell Friday after jobs data hinted at a moderating labor market. All 11 sectors finished lower.
Shares of Australian banks-- $ANZ Group Holdings Ltd(ANZ.AU$, $CommBank(CBA.AU$, $National Australia Bank Ltd(NAB.AU$ and $Westpac Banking Corp(WBC.AU$--which comprise about 20% of the ASX 200 by market capitalization and had been a cornerstone of its recent rally lost between 1.9% and 3.2%. $BHP Group Ltd(BHP.AU$, $Fortescue Ltd(FMG.AU$ and $Rio Tinto Ltd(RIO.AU$ shed between 2.6% and 3.6% amid weakness in iron-ore prices.
S&P/ASX 200 Movers for Monday (Mar/11)
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/11)
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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