AU Evening Wrap: Australia Shares Rise 1.7% for Best Day Since November 2022
• Top gainers: $HMC Capital Ltd(HMC.AU$, $Chalice Mining Ltd(CHN.AU$, $EVT Ltd(EVT.AU$
• Top losers: $Evolution Mining Ltd(EVN.AU$, $Imugene Ltd(IMU.AU$, $Paladin Energy Ltd(PDN.AU$
• Top losers: $Evolution Mining Ltd(EVN.AU$, $Imugene Ltd(IMU.AU$, $Paladin Energy Ltd(PDN.AU$
$S&P/ASX 200(.XJO.AU$ closed 1.7% higher at 7178.4, rallying to its largest one-day gain since November 2022 after data showed 3Q economic growth cooled amid a run of central-bank interest-rate rises. The benchmark index bounced back from its worst day since October, as economists suggested that slowing GDP growth would allow the Reserve Bank of Australia to hold interest rates for some time.
Consumer stocks were strong, while the heavyweight financial sector added 1.7% amid gains by major banks. $ANZ Group Holdings Ltd(ANZ.AU$, $CommBank(CBA.AU$, $Westpac Banking Corp(WBC.AU$ and $National Australia Bank Ltd(NAB.AU$--all of which are exposed to consumers and businesses under strain from inflation and higher rates--put on between 1.3% and 1.9%.
S&P/ASX 200 Movers for Wednesday (Dec/6)
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 (Dec/6)
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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