AU Evening Wrap: Australia Shares Drop 0.3% in Fourth Consecutive Loss
G'day, mooers! Check out the latest news on today's stock market!
• Top gainers: $Metcash Ltd (MTS.AU)$, $Infratil Ltd (IFT.AU)$, $Northern Star Resources Ltd (NST.AU)$
• Top losers: $Imugene Ltd (IMU.AU)$, $The Star Entertainment Group Ltd (SGR.AU)$, $Judo Capital Holdings Ltd (JDO.AU)$
- moomoo News AU
The $S&P/ASX 200 (.XJO.AU)$ closed 0.3% lower at 7078.7, falling to a fourth consecutive loss on weakness among major banks and miners. The benchmark index opened lower amid a soft lead from U.S. equities at the end of last week and never recovered, trading in negative territory for the entire session.
The heavyweight financial sector was a major drag, losing 0.5%. Banks $ANZ Group Holdings Ltd (ANZ.AU)$, $Westpac Banking Corp (WBC.AU)$, $CommBank (CBA.AU)$ and $National Australia Bank Ltd (NAB.AU)$ shed between 0.2% and 0.8%.
Insurers $Suncorp Group Ltd (SUN.AU)$, $QBE Insurance Group Ltd (QBE.AU)$ and $Insurance Australia Group Ltd (IAG.AU)$ gave up between 0.7% and 1.6%.
Iron-ore miners $Fortescue Ltd (FMG.AU)$, $BHP Group Ltd (BHP.AU)$ and $Rio Tinto Ltd (RIO.AU)$ all finished 0.3% lower. The ASX 200's longest losing streak in a month leaves it just 0.6% higher so far in 2023.
S&P/ASX 200 Movers for Monday (26/6)
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 Monday (26/6)
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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