AU Evening Wrap: Dollar, commodity declines weigh on market
G'day, mooers! Check out the latest news on today's stock market!
• ASX 200 closed lower Thursday, dropping 49.30 points or 0.69% to 7,105.90.
• Top gainers: $ALS Ltd(ALQ.AU$, $Pendal Group Ltd(PDL.AU$, $Judo Capital Holdings Ltd(JDO.AU$
• Top losers: $Endeavour Group Ltd(EDV.AU$, $Coronado Global Resources Inc(CRN.AU$, $Tabcorp Holdings Ltd(TAH.AU$
- moomoo News AU
• ASX 200 closed lower Thursday, dropping 49.30 points or 0.69% to 7,105.90.
• Top gainers: $ALS Ltd(ALQ.AU$, $Pendal Group Ltd(PDL.AU$, $Judo Capital Holdings Ltd(JDO.AU$
• Top losers: $Endeavour Group Ltd(EDV.AU$, $Coronado Global Resources Inc(CRN.AU$, $Tabcorp Holdings Ltd(TAH.AU$
- moomoo News AU
The $S&P/ASX 200(.XJO.AU$ faded to a loss of 49 points or 0.69 per cent. Institutional selling in the closing auction drove the benchmark to its low of the day.
Artificial intelligence global leader $Appen Ltd(APX.AU$ jumped 29.22 per cent to $8.27 after Telus International made an unsolicited, conditional and non-binding indicative offer of $9.50 a share.
Artificial intelligence global leader $Appen Ltd(APX.AU$ jumped 29.22 per cent to $8.27 after Telus International made an unsolicited, conditional and non-binding indicative offer of $9.50 a share.
The bid represented a 48 per cent premium to yesterday's closing price, but was still a shadow of Appen's pandemic-era peak. The share price hit $43.66 in August 2020. Appen's board said the Canadian firm would have to do better.
The rest of the day's biggest gains were mostly growth stocks as interest in Appen encouraged value-hunters to re-examine other fallen angels.
$Tyro Payments Ltd(TYR.AU$ gained 5.05 per cent, $City Chic Collective Ltd(CCX.AU$ 4.15 per cent and $Pointsbet Holdings Ltd(PBH.AU$ 5.04 per cent. $Codan Ltd(CDA.AU$ added 2.79 per cent, $Pro Medicus Ltd(PME.AU$ 2.68 per cent and $WiseTech Global Ltd(WTC.AU$ 2.36 per cent.
$Tyro Payments Ltd(TYR.AU$ gained 5.05 per cent, $City Chic Collective Ltd(CCX.AU$ 4.15 per cent and $Pointsbet Holdings Ltd(PBH.AU$ 5.04 per cent. $Codan Ltd(CDA.AU$ added 2.79 per cent, $Pro Medicus Ltd(PME.AU$ 2.68 per cent and $WiseTech Global Ltd(WTC.AU$ 2.36 per cent.
Coal miner $New Hope Corp Ltd(NHC.AU$ declined 7.8 per cent from a two-year high after unseasonal rain and Covid absences affected production in the NSW Hunter Valley.
S&P/ASX 200 Movers for Thursday (26/5)
How to find the above information in moomoo app:
1. Open moomoo app
2. Search for and tap on ".XJO"
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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 Thursday (26/5)
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
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
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