AU Evening Wrap: Altium Climbs 26%; Coles Tumbles 7%
G'day, mooers! Check out the latest news on today's stock market!
• Top gainers: $Altium Ltd (ALU.AU)$, $Megaport Ltd (MP1.AU)$, $Paladin Energy Ltd (PDN.AU)$
• Top losers: $Imugene Ltd (IMU.AU)$, $Alumina Ltd (AWC.AU)$, $NIB Holdings Ltd (NHF.AU)$
- moomoo News AU
Sharp gains by the information technology sector pushed the Australian sharemarket in the green at the closing bell on Tuesday.
Technology stocks were the best performing, climbing 5.2 per cent after taking its lead from Wall Street after the Nasdaq rallied ahead of Nvidia's earnings result that are due on Wednesday.
Software company $Altium Ltd (ALU.AU)$ surged 25.9 per cent, and $Megaport Ltd (MP1.AU)$ jumped 16.9 per cent after both reported earnings. Large cap stocks $WiseTech Global Ltd (WTC.AU)$ and $Xero Ltd (XRO.AU)$ also finished in the green, up 2.8 per cent and 3.4 per cent, respectively.
The consumer staples sector was the worst performer, shedding 2.5 per cent. It was weighed down by $Coles Group Ltd (COL.AU)$ which tumbled 7.1 per cent after the supermarket chain posted earnings that were below expectations.
$BHP Group Ltd (BHP.AU)$ fell 0.7 per cent after its dividends and profit came in weaker than expected.
S&P/ASX 200 Movers for Tuesday (22/8)
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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 (22/8)
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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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