AU Evening Wrap: Australia Shares Fall 0.5% After RBA's Ninth Straight Rate Hike
G'day, mooers! Check out the latest news on today's stock market!
• ASX 200 closed lower Tuesday, dropping 34.90 points or 0.46% to 7,504.10 after setting a new 100-day high.
• Top gainers: $Yancoal Australia Ltd (YAL.AU)$ $Judo Capital Holdings Ltd (JDO.AU)$ $Link Administration Holdings Ltd (LNK.AU)$
• Top losers: $ARB Corp Ltd (ARB.AU)$ $Centuria Capital Group (CNI.AU)$ $HMC Capital Ltd (HMC.AU)$
- moomoo News AU
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.5% lower at 7504.1 with most sectors finishing in the red after the RBA's ninth consecutive increase in interest rates, and signal for more ahead.
Property trusts and healthcare were the biggest losers falling 1.6% and 1.4% respectively.
$ARB Corp Ltd (ARB.AU)$ was the day's worst performing stock, falling 12% amid a ratings downgrade. Supermarkets $Coles Group Ltd (COL.AU)$ and $Woolworths Group Ltd (WOW.AU)$ lost ground, declining 0.9% and 1.2% respectively.
$Macquarie Group Ltd (MQG.AU)$ gained 0.7% after it said its net profit was up slightly in FY 2023 so far, boosted by strength in its commodities unit. $Transurban Group (TCL.AU)$ gave up 0.6% on news of the planned departure of its CEO.
S&P/ASX 200 Movers for Tuesday (7/2)
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 Tuesday (7/2)
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
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