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AU Evening Wrap: Australia Shares Rise 0.3% as Bank Stocks Rebound

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Moomoo News AU wrote a column · Nov 8, 2023 01:40
G'day, mooers! Check out the latest news on today's stock market!
• Top gainers: $Imugene Ltd(IMU.AU)$, $James Hardie Industries PLC(JHX.AU)$, $Ramsay Health Care Ltd(RHC.AU)$
• Top losers: $South32 Ltd(S32.AU)$, $Coronado Global Resources Inc(CRN.AU)$, $Champion Iron Ltd(CIA.AU)$
- moomoo News AU
$S&P/ASX 200(.XJO.AU)$ closed 0.3% higher at 6995.4 as financial stocks rebounded from the prior day's losses.
Banks $ANZ Group Holdings Ltd(ANZ.AU)$, $National Australia Bank Ltd(NAB.AU)$, $CommBank(CBA.AU)$ and $Westpac Banking Corp(WBC.AU)$ put on between 0.35% and 1.5% as the financial sector, which comprises more than 25% of the ASX 200 by market capitalization, rose by 0.7%.
Tech stocks advanced strongly following a positive lead by U.S. peers, with $Xero Ltd(XRO.AU)$, $WiseTech Global Ltd(WTC.AU)$ and $Altium Ltd(ALU.AU)$ putting on between 1.5% and 2.35%.
The telecommunications sector rose 0.9% as heavyweight $Telstra Group Ltd(TLS.AU)$ added 1.3% amid a network outage at rival Optus.
Consumer stocks also gained. The materials sector pared the overall gains, losing 1.1% amid weakness in iron ore, gold and lithium stocks.
S&P/ASX 200 Movers for Wednesday (8/11)
AU Evening Wrap: Australia Shares Rise 0.3% as Bank Stocks Rebound
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 Wednesday (8/11)
AU Evening Wrap: Australia Shares Rise 0.3% as Bank Stocks Rebound
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, AFR
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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