AU Evening Wrap: Australia Shares Close Lower but in the Green for 2023
• Top gainers: $Novonix(NVX.AU$, $Imugene Ltd(IMU.AU$, $Nickel Industries Ltd(NIC.AU$
• Top losers: $Chalice Mining Ltd(CHN.AU$, $AMP Ltd(AMP.AU$, $Cromwell Property Group(CMW.AU$
• Top losers: $Chalice Mining Ltd(CHN.AU$, $AMP Ltd(AMP.AU$, $Cromwell Property Group(CMW.AU$
$S&P/ASX 200(.XJO.AU$ closed 0.3% lower at 7590.8 but ended the year with a fifth consecutive weekly gain that rounded out a positive end to 2023 as investors anticipate interest-rate cuts next year. Friday's gain completed the index's 7.8% increase over 2023, compared with a 5.5% decline for the previous year.
Most sectors finished the day in the red, with the losses led by the energy sector, which gave up 0.9%.
Utilities and telecom services were the only positive sectors, rising 0.6% and 0.1%, respectively.
The major banks lost between 0.1% and 0.5% despite rallying through December on rate-cut sentiment.
Large caps also struggled, with most of the top 10 largest stocks on Australia's benchmark index ending the session lower.
Retailers Woolworths was flat, while Coles added 0.1%. For the final trading week of 2023, the ASX 200 index rose 1.2%.
S&P/ASX 200 Movers for Friday (Dec/29)
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 Friday (Dec/29)
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, AFR
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