AU Evening Wrap: ASX Jumps 0.9%, Biggest Daily Gain in Two Months
G'day, mooers! Check out the latest news on today's stock market!
• ASX rallies 0.9%, biggest daily gain in two months
• Top gainers: $Judo Capital Holdings Ltd(JDO.AU$, $Beach Energy Ltd(BPT.AU$, $Domain Holdings Australia Ltd(DHG.AU$
• Top losers: $Latitude Group Holdings Ltd(LFS.AU$, $Northern Star Resources Ltd(NST.AU$, $Evolution Mining Ltd(EVN.AU$
- moomoo News AU
• ASX rallies 0.9%, biggest daily gain in two months
• Top gainers: $Judo Capital Holdings Ltd(JDO.AU$, $Beach Energy Ltd(BPT.AU$, $Domain Holdings Australia Ltd(DHG.AU$
• Top losers: $Latitude Group Holdings Ltd(LFS.AU$, $Northern Star Resources Ltd(NST.AU$, $Evolution Mining Ltd(EVN.AU$
- moomoo News AU
The $S&P/ASX 200(.XJO.AU$ jumped 0.9 per cent on Wednesday, the largest daily gain in two months, as a bounce in oil prices boosted energy stocks.
Investors were awaiting the outcome of the US Federal Reserve policy meeting after a week of wild market volatility on fears of a global banking crisis. Financial markets expect the Fed to increase its benchmark rate by 0.25 of a percentage point to the target range of 4.75 per cent to 5 per cent on Wednesday (Thursday 5am AEDT).
$Woodside Energy Group Ltd(WDS.AU$ leapt 5.2 per cent to $32.80, the biggest increase since October last year. $Beach Energy Ltd(BPT.AU$ advanced 5.3 percent, putting both stocks at the top of the index.
The major banks rose, but regional lenders had mixed results. $Suncorp Group Ltd(SUN.AU$ gained 0.9 per cent. $Bendigo and Adelaide Bank Ltd(BEN.AU$ and $Bank of Queensland Ltd(BOQ.AU$ edged lower.
$Latitude Group Holdings Ltd(LFS.AU$ dived 7 per cent after revealing a cyber-attack had resulted in far more stolen data than initially reported.
$WAM Leaders Ltd(WLE.AU$ rose 2.4 per cent. It cancelled its share placement plan and intended placement due to market volatility.
$The Star Entertainment Group Ltd(SGR.AU$ rallied 1 per cent after the appointment of David Foster as its new chairman.
$KMD Brands Ltd(KMD.AU$ jumped 1.1 per cent after it swang back to profit.
Gold stocks recoiled on easing worries over a global banking crisis.
$Newcrest Mining Ltd(NCM.AU$ dropped 1 per cent, while $Evolution Mining Ltd(EVN.AU$ and $Northern Star Resources Ltd(NST.AU$ shed more than 3 per cent.
S&P/ASX 200 Movers for Wednesday (22/3)
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 (22/3)
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.
Read more
Comment
Sign in to post a comment
Moomoo News Official Account
Australian stock market news that is available at your fingertips
3960Followers
6Following
113KVisitors
Follow