AU Evening Wrap: Australia Shares Rise 0.2% as Bank Stocks Rally

Moomoo News AU wrote a column · Mar 13, 2024 14:29

• Top gainers: $PSC Insurance Group Ltd (PSI.AU)$, $Liontown Resources Ltd (LTR.AU)$, $Cettire Ltd (CTT.AU)$

• Top losers: $Capricorn Metals Ltd (CMM.AU)$, $Stanmore Resources Ltd (SMR.AU)$, $Johns Lyng Group Ltd (JLG.AU)$

Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.2% higher at 7729.4 as bank stocks continued to claw back their heavy week-opening losses. $National Australia Bank Ltd (NAB.AU)$, $ANZ Group Holdings Ltd (ANZ.AU)$ and $Westpac Banking Corp (WBC.AU)$ added between 1.7% and 1.8% as the ASX 200 benchmark index followed a positive lead from U.S. equities. The ASX 200 is still down 1.5% so far this week, which opened with its largest fall in a year.

The heavyweight financial sector gained 0.85%.

Real-estate and consumer-related stocks performed even better as investors look forward to next week's interest-rate decision by Australia's central bank. The property sector rose 1.05%, while gains by travel agents $Flight Centre Travel Group Ltd (FLT.AU)$ and $Web Travel Group Ltd (WEB.AU)$ helped lift consumer discretionaries by 1.3%.

S&P/ASX 200 Movers for Wednesday (Mar/13)

AU Evening Wrap: Australia Shares Rise 0.2% as Bank Stocks Rally

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"

10 Top-Traded AU Stocks for Wednesday (Mar/13)

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"

Source: Dow Jones Newswires, AFR

Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more