AU Evening Wrap: ASX Falls 1.5% as Bank of Japan Rocks Asia Session

Moomoo News AU wrote a column · Dec 20, 2022 14:52

G'day, mooers! Check out the latest news on today's stock market!
• ASX 200 closed sharply lower Tuesday, dropping 109.60 points or 1.54% to 7,024.30 and setting a new 20-day low.
• Top gainers: $Steadfast Group Ltd (SDF.AU)$ $AGL Energy Ltd (AGL.AU)$ $Oz Minerals Ltd (OZL.AU)$
• Top losers: $Johns Lyng Group Ltd (JLG.AU)$ $Zimplats Holdings Ltd (ZIM.AU)$ $Liontown Resources Ltd (LTR.AU)$
- moomoo News AU

Australian shares were swept up in the sell-off across the region sparked by the Bank of Japan putting the bond market on notice that it too is ready to join the war on inflation.

The $S&P/ASX 200 (.XJO.AU)$ Index hit an intraday low of 7019.5 points after the meeting, falling as much as 1.6 per cent at the peak of its losses. It closed 1.5 per cent or 109.6 points lower at 7024.3; the All Ordinaries fell 1.7 per cent to 7199.6.

Apparel group $City Chic Collective Ltd (CCX.AU)$ fell 31 per cent to 40.5¢ after the plus-size fashion retailer flagged a first-half, underlying EBITDA loss following reduced revenue and gross margins, and higher fulfilment costs.

$Johns Lyng Group Ltd (JLG.AU)$ sank 12.3 per cent to $5.97 after executive director and chief operating officer Lindsay Barber sold 4 million shares in the property services group representing 31 per cent of his stake.

Iron ore traded in Singapore rose 1.8 per cent to $US109.45 a tonne on the January futures contract. February Brent crude oil gained 0.3 per cent to $US80.07 a barrel.

$BHP Group Ltd (BHP.AU)$ fell 1.6 per cent to $45.26 and $Rio Tinto Ltd (RIO.AU)$ sank 1.2 per cent to $113.22. $Woodside Energy Group Ltd (WDS.AU)$ declined 1.2 per cent lower to $35.33.

S&P/ASX 200 Movers for Tuesday (20/12)

AU Evening Wrap: ASX Falls 1.5% as Bank of Japan Rocks Asia Session

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 Tuesday (20/12)

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

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