AU Evening Wrap: Australia Shares Close 0.2% Lower, Pare Weekly Gains
$S&P/ASX 200 (.XJO.AU)$ closed 0.2% lower at 7073.2, paring its weekly gains. The benchmark index, coming off its strongest month since January, dipped more than 0.6% inside the first hour before reclaiming most of its lost ground through the rest of the session.
Nine of the ASX 200's 11 sectors finished lower, with tech being the worst performer, following weakness among U.S. tech stocks.
Major banks were mixed as the heavyweight financial sector edged 0.2% lower. $CommBank (CBA.AU)$ lost 0.45% and $Westpac Banking Corp (WBC.AU)$ slipped 0.5%, while $National Australia Bank Ltd (NAB.AU)$ added 0.1% and $ANZ Group Holdings Ltd (ANZ.AU)$ rose by 0.25%.
Real estate closed flat, leaving energy as the only sector to make headway with a 0.1% rise.
The ASX 200 finished 0.5% higher for the week but hasn't managed consecutive weekly gains since July.
S&P/ASX 200 Movers for Friday (Dec/1)
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/1)
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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