AU Evening Wrap: ASX Closes 0.2% Higher, Big Falls in Mesoblast, ResMed Limit Gains

Healthcare stocks posted the biggest loss, down 1.2 per cent, with a late bounce from tech and energy offsetting the damage.

Shares in sleep disorder and breathing devices company ResMed tumbled 9.3 per cent to $30.7 in the worst session in three years after revenues came in slightly below expectations in the fourth quarter of fiscal 2023.

Biotech company Mesoblast tanked 56.9 per cent to 47¢ and hit an intraday low of 45.5¢, the weakest since 2005 after the US drugs regulator requested more data to approve remestemcel-L used to treat a pediatric steroid refractory disease. It was the company's worst daily drop in its trading history.

Afterpay parent Block slumped despite second-quarter earnings beating forecasts and a stronger outlook, with the company calling out Australian spending as being more challenged than the United States. Its share price shaved off 5.8 per cent to $109.51 in the biggest daily drop since March.

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"

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"