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AU Evening Wrap: ASX Firms 0.5%, Buoyed by Miners

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Moomoo News AU wrote a column · Dec 9, 2022 00:42
G'day, mooers! Check out the latest news on today's stock market!
• ASX 200 closed up Friday, gaining 37.70 points or 0.53% to 7,213.20.
• Top gainers: $Champion Iron Ltd (CIA.AU)$ $Sandfire Resources Ltd (SFR.AU)$ $Megaport Ltd (MP1.AU)$
• Top losers: $Novonix (NVX.AU)$ $Pinnacle Investment Management Group Ltd (PNI.AU)$ $Downer EDI Ltd (DOW.AU)$
- moomoo News AU
The $S&P/ASX 200 (.XJO.AU)$ climbed 38 points or 0.53 per cent to 7213. Today's rally trimmed the index's loss for the week to 80 points or 1.1 per cent.
Resource stocks led today's advance on the prospect of a recovery in Chinese demand for Australian raw materials. Tech stocks, healthcare providers and most of the banks also rose.
$Beach Energy Ltd (BPT.AU)$ bounced 0.91 per cent after dropping out of the bidding war for control of $Warrego Energy Ltd (WGO.AU)$.
Warrego shares slipped 3.28 per cent to 29.5 cents after the board recommended the Hancock offer of 28 cents per share in the absence of a superior proposal. Major shareholder $Strike Energy Ltd (STX.AU)$ fell 8 per cent. Strike shares had jumped more than 50 per cent during the bidding war.
$Fortescue Ltd (FMG.AU)$ climbed 2.84 per cent to a six-month high. $Rio Tinto Ltd (RIO.AU)$ gained 2.32 per cent. $BHP Group Ltd (BHP.AU)$ added 2.7 per cent.
Investment manager $Pinnacle Minerals Ltd (PIM.AU)$ slumped 3.77 per cent after warning performance fees had fallen significantly in the first half compared to the same period last year.
S&P/ASX 200 Movers for Friday (9/12)
AU Evening Wrap: ASX Firms 0.5%, Buoyed by Miners
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 (9/12)
AU Evening Wrap: ASX Firms 0.5%, Buoyed by Miners
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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Moomoo News AU
Moomoo News Official Account
Australian stock market news that is available at your fingertips
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