AU Evening Wrap: Australia Shares Gain 0.9%, Complete Best Week Since July
$S&P/ASX 200 (.XJO.AU)$ closed 0.9% higher at 7442.7, completing its largest weekly gain since July. While real-estate stocks pulled back Friday following strong gains a day earlier, shares of commodity and financial companies lifted the benchmark index to a sixth consecutive daily gain.
Lithium stocks jumped, while large-cap iron-ore miners $Fortescue Ltd (FMG.AU)$, $Rio Tinto Ltd (RIO.AU)$ and $BHP Group Ltd (BHP.AU)$ added between 1.4% and 2.4%. The energy sector rose 1.9% amid higher oil prices, while major banks $CommBank (CBA.AU)$, $National Australia Bank Ltd (NAB.AU)$, $Westpac Banking Corp (WBC.AU)$ and $ANZ Group Holdings Ltd (ANZ.AU)$ put on between 0.5% and 1.2% amid hopes that global interest rates have hit a cyclical peak.
The ASX 200 added 3.4% for the week. The index is up 5.7% so far in 2023 and has recovered nearly all the ground it lost across 2022.
S&P/ASX 200 Movers for Friday (Dec/15)
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/15)
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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