AU Evening Wrap: July brings joy to battered market
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.
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.
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)
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 Friday (29/7)
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
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.
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