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AU Evening Wrap: First weekly rise in a month

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Moomoo News AU wrote a column · May 20, 2022 14:38
G'day, mooers! Check out the latest news on today's stock market!
• ASX 200 closed up Friday, gaining 81.10 points or 1.15% to 7,145.60.
• Top gainers: $Chalice Mining Ltd (CHN.AU)$, $Novonix (NVX.AU)$, $Liontown Resources Ltd (LTR.AU)$
• Top losers: $Woodside Petroleum Ltd (WPL.AU)$, $Johns Lyng Group Ltd (JLG.AU)$, $Orica Ltd (ORI.AU)$
- moomoo News AU
The $S&P/ASX 200 (.XJO.AU)$ climbed 81 points or 1.15 per cent as investors temporarily set aside concerns about rising costs slowing growth and undermining corporate profits.
The advance ended a four-week losing run. The benchmark rose on four out of five sessions for a weekly gain of 70.5 points or almost 1 per cent.
Tech and mining stocks led today's advance. Energy was the biggest laggard after $Woodside Petroleum Ltd (WPL.AU)$ shareholders voted to merge the company with $BHP Group Ltd (BHP.AU)$'s petroleum interests.
$MyDeal.com.au Ltd (MYD.AU)$ jumped 55.81 per cent after $Woolworths Group Ltd (WOW.AU)$ launched a bid for a controlling interest in the online retail marketplace. The company entered a binding agreement for Woolworths to acquire an 80 per cent interest and delist the firm.
The offer price of $1.05 represented a 62.8 per cent premium to yesterday's closing price. Woolworths shares crept up 0.48 per cent.
S&P/ASX 200 Movers for Friday (20/5)
AU Evening Wrap: First weekly rise in a month
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 Friday (20/5)
AU Evening Wrap: First weekly rise in a month
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: The Market Herald
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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