AU Evening Wrap: Australian shares extend gains amid higher oil, gold prices

Moomoo News AU wrote a column · Apr 14, 2022 02:28

G'day, mooers! Check out the latest news on today's stock market!
• ASX 200 closed 0.6% higher at 7523.4
• Top gainers: $Yancoal Australia Ltd(YAL.AU)$, $Qantas Airways Ltd(QAN.AU)$, $Paladin Energy Ltd(PDN.AU)$
• Top losers: $Bank of Queensland Ltd(BOQ.AU)$, $Zip(Z1P.AU)$, $Ingenia Communities Group(INA.AU)$
- moomoo News AU

Australia's $S&P/ASX 200(.XJO.AU)$ closed 0.6% higher at 7523.4 after an afternoon rally, and 0.6% higher for the week, as latest data showed the jobless rate stayed steady.

Energy and technology stocks were standouts, both closing 1.3% higher, but financial stocks were a drag ending the day 0.3% lower.

$Megaport Ltd(MP1.AU)$ rose 4.6%, while $Xero Ltd(XRO.AU)$ gained 2.0%. $Northern Star Resources Ltd(NST.AU)$ and $James Hardie Industries PLC(JHX.AU)$ added 4.2% and 3.4% respectively. Regional lender $Bank of Queensland Ltd(BOQ.AU)$ was the day's biggest loser falling 6.3% despite reporting a 38% uptick in half-year profit, and the major banks finished the day lower by between 0.1% and 0.7%.

The market is closed tomorrow for the Good Friday holiday.

S&P/ASX 200 Movers for Thursday (4/14)