AU Evening Wrap: Earnings stimulus steer market higher
G'day, mooers! Check out the latest news on today's stock market!
• ASX 200 closed up Thursday, gaining 50.00 points or 0.71% to 7,048.10 and crossing above its 20-day moving average.
• Top gainers: $Paladin Energy Ltd (PDN.AU)$ $Insignia Financial Ltd (IFL.AU)$ $Nine Entertainment Co. Holdings Ltd (NEC.AU)$
• Top losers: $Domino's Pizza Enterprises Ltd (DMP.AU)$ $Meridian Energy Ltd (MEZ.AU)$ $Flight Centre Travel Group Ltd (FLT.AU)$
- moomoo News AU
• ASX 200 closed up Thursday, gaining 50.00 points or 0.71% to 7,048.10 and crossing above its 20-day moving average.
• Top gainers: $Paladin Energy Ltd (PDN.AU)$ $Insignia Financial Ltd (IFL.AU)$ $Nine Entertainment Co. Holdings Ltd (NEC.AU)$
• Top losers: $Domino's Pizza Enterprises Ltd (DMP.AU)$ $Meridian Energy Ltd (MEZ.AU)$ $Flight Centre Travel Group Ltd (FLT.AU)$
- moomoo News AU
Shareholders applauded earnings reports from $Qantas Airways Ltd (QAN.AU)$ and $Nine Entertainment Co. Holdings Ltd (NEC.AU)$. Updates from $Woolworths Group Ltd (WOW.AU)$ and $Flight Centre Travel Group Ltd (FLT.AU)$ were less well-received.
$Pendal Group Ltd (PDL.AU)$ accepted an improved takeover offer from Perpetual that will create a regional investment powerhouse.
Uranium stocks took wing after Japan announced plans to restart idled nuclear power plants and develop new reactors. The move came as public opinion softened towards nuclear power as energy prices soared in the wake of Russia's invasion of Ukraine.
$Paladin Energy Ltd (PDN.AU)$ jumped 11.56 per cent, $92 Energy Ltd (92E.AU)$, $Elevate Uranium Ltd (EL8.AU)$ 23.46 per cent and $Deep Yellow Ltd (DYL.AU)$ 18.3 per cent.
S&P/ASX 200 Movers for Thursday (25/8)
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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 (25/8)
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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
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