AU Evening Wrap: ASX Firms 0.4%, Buoyed by Moderating Global Inflation Outlook
G'day, mooers! Check out the latest news on today's stock market!
• ASX 200 closed up Wednesday, gaining 30.90 points or 0.43% to 7,284.20 and setting a new 100-day high.
• Top gainers: $Whitehaven Coal Ltd (WHC.AU)$ $Judo Capital Holdings Ltd (JDO.AU)$ $IGO Ltd (IGO.AU)$
• Top losers: $GQG Partners Inc (GQG.AU)$ $Chorus Ltd (CNU.AU)$ $Pinnacle Investment Management Group Ltd (PNI.AU)$
- moomoo News AU
Signs of cooling inflation helped the share market end a winning month at a fresh six-month closing high.
The $S&P/ASX 200 (.XJO.AU)$ rallied 31 points or 0.43 per cent to 7284, its strongest close since late May.
The market reversed an early loss after the Consumer Price Index (CPI) rose less than expected last month, easing pressure on the Reserve Bank to keep raising interest rates.
Gains in mining, property and industrial stocks outweighed declines in traditional defensive sectors.
$Whitehaven Coal Ltd (WHC.AU)$ climbed 8.42 per cent, aided by an upgrade from broker Bell Potter. $New Hope Corp Ltd (NHC.AU)$ put on 6.82 per cent.
$Rio Tinto Ltd (RIO.AU)$ was the pick of the heavyweights, rising 1.66 per cent. $BHP Group Ltd (BHP.AU)$ gained 1.56 per cent.
$Rio Tinto Ltd (RIO.AU)$ was the pick of the heavyweights, rising 1.66 per cent. $BHP Group Ltd (BHP.AU)$ gained 1.56 per cent.
Heavyweight drags included $Woolworths Group Ltd (WOW.AU)$ -1.49 per cent, $CSL Ltd (CSL.AU)$ -0.82 per cent and $ANZ Group Holdings Ltd (ANZ.AU)$ -0.68 per cent.
S&P/ASX 200 Movers for Wednesday (30/11)
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 Wednesday (30/11)
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"
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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