AU Evening Wrap: Australia Shares Add 0.8% for Highest Close Since February
$S&P/ASX 200 (.XJO.AU)$ rose 0.8% to 7489.1, rebounding from a narrow week-opening loss for its highest close since February. All 11 sectors of the benchmark index finished higher, building on a positive lead from the U.S. despite continued warnings from the Reserve Bank of Australia that it may yet raise interest rates again if inflation doesn't fall quickly enough.
Energy stocks gained amid higher oil prices, while the materials sector added 0.7% amid strength in gold and iron-ore stocks.
Banks $ANZ Group Holdings Ltd (ANZ.AU)$, $National Australia Bank Ltd (NAB.AU)$, $CommBank (CBA.AU)$ and $Westpac Banking Corp (WBC.AU)$ put on between 0.4% and 0.8%.
The ASX 200 is on a run of three straight weekly gains and is up 6.4% so far in 2023.
S&P/ASX 200 Movers for Tuesday (Dec/19)
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 Tuesday (Dec/19)
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
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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