AU Evening Wrap: Australia Shares Gain 0.7% for Best Close Since September
$S&P/ASX 200 (.XJO.AU)$ rose 0.7% to 7124.7, closing at its highest level since Sept. 20 on the eve of the Reserve Bank of Australia's final interest-rate decision of 2023.
Gold and iron-ore stocks pulled the heavyweight materials sector to a 1.5% gain, with $Rio Tinto Ltd (RIO.AU)$ and $BHP Group Ltd (BHP.AU)$ putting on 1.6% and 1.7%, respectively.
The consumer discretionaries sector rose 1.25% as analysts continued to digest retailers' Black Friday trading updates. The staples sector rose 0.9%, helped by supermarket supplier $Metcash Ltd (MTS.AU)$'s 1.1% gain on its 1H results.
Tech, which is the smallest of the ASX 200's 11 sectors by market capitalization, rose 1.9% and was the best performer.
$Origin Energy Ltd (ORG.AU)$'s 3.9% fall amid shareholders' rejection of a Brookfield-led takeover pulled the utilities sector 2.5% lower.
S&P/ASX 200 Movers for Monday (Dec/4)
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 Monday (Dec/4)
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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