AU Evening Wrap: Australia Shares Rise 1.1% to First Record Close Since August 2021
$S&P/ASX 200(.XJO.AU$ rose 1.1% to a record close of 7680.7 as investors saw moderating December-quarter inflation improving the chances of central-bank interest-rate cuts.
Rate-sensitive bank and real-estate stocks jumped after annual inflation slowed to 4.1% in the December quarter, from 5.4% three months earlier.
Financials, the largest of the ASX 200's 11 sectors, rose 1.5% as the benchmark index beat its previous record, set in August 2021. $CommBank(CBA.AU$, $Macquarie Group Ltd(MQG.AU$, $National Australia Bank Ltd(NAB.AU$, $Westpac Banking Corp(WBC.AU$ and $ANZ Group Holdings Ltd(ANZ.AU$, which comprise about 22% of the ASX 200 by market capitalization, added between 1.3% and 1.5%.
S&P/ASX 200 Movers for Wednesday (Jan/31)
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 Wednesday (Jan/31)
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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