AU Evening Wrap: Australia Shares Close 1.4% Lower; All Sectors in Red
The information-technology sector led the loss, falling 3.0%. That mirrored the weakness overnight in large U.S. tech stocks, including Apple.
Property trusts, which fell 2.5%, and the materials sector, which shed 1.8%, were also key drags on the benchmark index.
$Gold Road Resources Ltd (GOR.AU)$ was one of the session's poorest performers, falling 8.9% after it announced its 4Q output, which some analysts deemed lackluster.
Still, $Endeavour Group Ltd (EDV.AU)$ rose 2.5% as it named a new incoming chairman and was the day's best stock.
Insurer $Suncorp Group Ltd (SUN.AU)$ added 0.5% after telling the market it expects to be within its 1H natural-hazard allowance. Fellow insurers $QBE Insurance Group Ltd (QBE.AU)$ and $Insurance Australia Group Ltd (IAG.AU)$ rose 0.7% and 0.5%, respectively. The major banks fell between 0.9% and 1.3%.
S&P/ASX 200 Movers for Wednesday (Jan/3)
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 Wednesday (Jan/3)
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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