AU Evening Wrap: Australia Shares Close Flat After Strong Inflation Data
G'day, mooers! Check out the latest news on today's stock market!
• Top gainers: $Telix Pharmaceuticals Ltd (TLX.AU)$, $Mineral Resources Ltd (MIN.AU)$, $Champion Iron Ltd (CIA.AU)$
• Top losers: $Healius Ltd (HLS.AU)$, $Virgin Money UK PLC (VUK.AU)$, $Tabcorp Holdings Ltd (TAH.AU)$
- moomoo News AU
$S&P/ASX 200 (.XJO.AU)$ closed flat at 6854.3 after strong inflation data stoked concerns that the country's central bank may hike interest rates further. Most sectors finished in the red, with only materials and telecom services stocks closing higher.
Grocery company $Woolworths Group Ltd (WOW.AU)$ fell 2.0% as it flagged in a 1Q FY 2024 update that some shoppers were focusing on value against the current economic backdrop. $Bega Cheese Ltd (BGA.AU)$ lost 1.7%, while $Elders Ltd (ELD.AU)$ gave up 2.4%.
The major banks were down between 0.4% and 1.3%, while fund manager Magellan lost 2.9% following the announcement of the departure of its CEO.
$Telix Pharmaceuticals Ltd (TLX.AU)$ was the day's best performer, rising 5.6%.
S&P/ASX 200 Movers for Wednesday (25/10)
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 (25/10)
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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