AU Evening Wrap: Australia Stocks Rise 0.1% Despite Mining Losses

Moomoo News AU wrote a column · Dec 11, 2023 15:25

• Top gainers: $Credit Corp Group Ltd (CCP.AU)$, $Beach Energy Ltd (BPT.AU)$, $Magellan Financial Group Ltd (MFG.AU)$
• Top losers: $The Star Entertainment Group Ltd (SGR.AU)$, $Chalice Mining Ltd (CHN.AU)$, $Imugene Ltd (IMU.AU)$

$S&P/ASX 200 (.XJO.AU)$ edged 0.1% higher to 7199.0 as gains among consumer stocks helped offset weakness in materials. The benchmark index opened higher following Friday's positive lead by U.S. equities, but tumbled back into the red before a late lift.

The heavyweight financial sector edged just 0.2% higher as weakness in wealth managers and insurers ate into narrow gains compiled by major banks.

Shares of iron-ore miners were mixed, but gold and lithium stocks closed pulled the materials sector 0.6% lower.

Supermarket chains $Coles Group Ltd (COL.AU)$ and $Woolworths Group Ltd (WOW.AU)$ put on 0.5% and 0.8%, respectively, while discretionary retailers also showed strength.

S&P/ASX 200 Movers for Monday (Dec/11)

AU Evening Wrap: Australia Stocks Rise 0.1% Despite Mining Losses

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 Monday (Dec/11)

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

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