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AU Evening Wrap: July brings joy to battered market

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Moomoo News AU wrote a column · Jul 29, 2022 01:53
G'day, mooers! Check out the latest news on today's stock market!
• ASX 200 closed up Friday, gaining 55.50 points or 0.81% to 6,945.20 and setting a new 20-day high.
• Top gainers: $Infratil Ltd(IFT.AU)$ $Charter Hall Group(CHC.AU)$ $Evolution Mining Ltd(EVN.AU)$
• Top losers: $QBE Insurance Group Ltd(QBE.AU)$ $Whitehaven Coal Ltd(WHC.AU)$ $Coronado Global Resources Inc(CRN.AU)$
- moomoo News AU
The share market wrapped up its first positive month since March with a fourth day of gains as a broad rally lifted ten of eleven sectors.
The $S&P/ASX 200(.XJO.AU)$ climbed 55.5 points or 0.81 per cent to 6945.
Gold miners, property stocks and utilities topped the gainers' list, giving today's advance a mildly defensive tone. This week's explosive rally in buy now, pay later companies ended on a sour note as most of the sector leaders suffered heavy falls.
Property stocks were the most obvious beneficiaries. $Charter Hall Group(CHC.AU)$ climbed 5.12 per cent. Industrial heavyweight $Goodman Group(GMG.AU)$ put on 4.6 per cent, $Centuria Capital Group(CNI.AU)$ 3.48 per cent and $Lendlease Group(LLC.AU)$ 3.32 per cent.
Utilities also drew a bid. $Origin Energy Ltd(ORG.AU)$ firmed 4.21 per cent after reporting a 4 per cent increase in domestic gas sales volumes last quarter. Full-year electricity sales volumes increased 6 per cent.
$AGL Energy Ltd(AGL.AU)$ added 1.21 per cent. $APA Group(APA.AU)$ advanced 1.84 per cent.
This week's spectacular recovery in buy now, pay later companies and other fintechs began to unravel. $Zip Co Ltd(ZIP.AU)$ reversed 25.33 per cent. $Laybuy Group Holdings Ltd(LBY.AU)$ dropped 23.33 per cent, $Openpay Group Ltd(OPY.AU)$ 29 per cent and $Humm Group Ltd(HUM.AU)$ 5.66 per cent.
S&P/ASX 200 Movers for Friday (29/7)
AU Evening Wrap: July brings joy to battered market
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 (29/7)
AU Evening Wrap: July brings joy to battered market
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: Dow Jones Newswires, The Market Herald
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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