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AU Evening Wrap: ASX 200 Drops 0.4%; BoQ Tumbles after CEO's Shock Exit

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Moomoo News AU wrote a column · Nov 28, 2022 14:43
G'day, mooers! Check out the latest news on today's stock market!
• ASX 200 closed lower Monday, dropping 30.40 points or 0.42% to 7,229.10 after setting a new 100-day high.
• Top gainers: $Whitehaven Coal Ltd (WHC.AU)$ $Yancoal Australia Ltd (YAL.AU)$ $Summerset Group Holdings Ltd (SNZ.AU)$
• Top losers: $Healius Ltd (HLS.AU)$ $Liontown Resources Ltd (LTR.AU)$ $Novonix (NVX.AU)$
- moomoo News AU
The share market suffered its first setback in a week. The $S&P/ASX 200 (.XJO.AU)$ declined 30 points or 0.42 per cent to 7229.

Energy producers led the selling. Defensive sectors such as REITs, telecoms and healthcare companies attracted haven buying.

Traditional defensive sectors outperformed in a falling market. Agribusinesses $Elders Ltd (ELD.AU)$ and $Graincorp Ltd (GNC.AU)$ advanced 1.48 and 1.33 per cent, respectively. $National Storage REIT (NSR.AU)$ put on 2.08 per cent, $Breville Group Ltd (BRG.AU)$ 1.44 per cent and $Cochlear Ltd (COH.AU)$ 1.51 per cent.
In the property space, $Centuria Industrial REIT (CIP.AU)$ firmed 1.59 per cent, and $Vicinity Centres (VCX.AU)$ 1.48 per cent.

Among the heavyweights, $Fortescue Ltd (FMG.AU)$ firmed 0.53 per cent, $National Australia Bank Ltd (NAB.AU)$ 0.32 per cent, $Telstra Group Ltd (TLS.AU)$ 0.25 per cent and $CSL Ltd (CSL.AU)$ 0.21 per cent.

$Bank of Queensland Ltd (BOQ.AU)$ slumped 5.56 per cent following the sudden, unexpected departure of CEO George Frazis. Lithium miner $Pilbara Minerals Ltd (PLS.AU)$ faded 0.9 per cent after announcing a joint venture with Calix to develop a "value-added lithium product".
S&P/ASX 200 Movers for Monday (28/11)
AU Evening Wrap: ASX 200 Drops 0.4%; BoQ Tumbles after CEO's Shock Exit
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 Monday (28/11)
AU Evening Wrap: ASX 200 Drops 0.4%; BoQ Tumbles after CEO's Shock Exit
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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