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-- 85.850 AU Evening Wrap: Australia Shares Lose 1.0% Ahead of RBA Rate Decision
$S&P/ASX 200 (.XJO.AU)$ closed 1.0% lower at 7625.9, the latest in a series of wild swings as investors mull the outlook for global interest rates. Ten of 11 sectors finished in the red as the benchmark index ignored a positive lead by U.S. equities, pulling back from a record close on the eve of the Reserve Bank's first rate decision of 2024.
The ASX 200 has moved in a different direction in each of the past four days, each time by at least 1%. The materials sector led the declines, shedding 2.7% for its largest fall since September.
Lithium stocks tumbled, while gold miner $Silver Lake Resources Ltd (SLR.AU)$ dropped 11% after announcing a merger with $Red 5 Ltd (RED.AU)$.
The heavyweight financial sector slipped 0.15% lower.
S&P/ASX 200 Movers for Monday (Feb/5)
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 (Feb/5)
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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