AU Evening Wrap: Australia Shares Rise 0.4% on Strength in Miners
Australia's $S&P/ASX 200(.XJO.AU$ closed 0.4% higher at 7703.2 as stronger iron-ore prices helped lift shares of the country's largest miners. $Rio Tinto Ltd(RIO.AU$, $BHP Group Ltd(BHP.AU$ and $Fortescue Ltd(FMG.AU$ added between 2.5% and 3.6% after iron-ore prices rose following solid Chinese economic data at the start of the week.
The ASX 200's materials sector, second only to financials in terms of market capitalization, gained 2.1% for its strongest day since Dec. 14.
The energy sector also rose, adding 2.0%.
Bank stocks pared the overall gains after the Reserve Bank of Australia held interest rates and reiterated that inflation remains uncomfortably high. $ANZ Group Holdings Ltd(ANZ.AU$, $National Australia Bank Ltd(NAB.AU$, $Westpac Banking Corp(WBC.AU$ and $CommBank(CBA.AU$ lost between 0.2% and 0.6%.
S&P/ASX 200 Movers for Tuesday (Mar/19)
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 Tuesday (Mar/19)
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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