AU Evening Wrap: Iron Ore Rally Drives ASX Close to Record High
$S&P/ASX 200 (.XJO.AU)$ closed 0.8% higher at 7561.2 in its first session after the Christmas break, fuelled by a rally in the price of iron ore to an 18-month high of $US140 a tonne. All sectors finished in the green, led by property trusts, which rose 1.6%. Technology stocks and materials were also standouts.
$Liontown Resources Ltd (LTR.AU)$ was the best performer, advancing 6.3%, while $Arcadium Lithium PLC (LTM.AU)$ increased 6.2% and $Genesis Minerals Ltd (GMD.AU)$ climbed 4.6%.
In the tech sector, $Weebit Nano Ltd (WBT.AU)$ added 4.5%, while $Life360 Inc (360.AU)$ gained 4.1%.
$Core Lithium Ltd (CXO.AU)$ was the session's poorest performer, closing 7.7% lower, followed by $Boss Energy Ltd (BOE.AU)$, which fell 2.8%.
S&P/ASX 200 Movers for Wednesday (Dec/27)
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 Wednesday (Dec/27)
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
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