AU Evening Wrap: Miners Drag ASX 0.8% Lower
$S&P/ASX 200 (.XJO.AU)$ closed 0.8% lower at 6987.6, weighed down by losses in almost every sector. The benchmark index hit its lowest close in two weeks, with real-estate, consumer and materials stocks leading the falls.
Gold stocks, typically seen as a hedge against macro uncertainty, finished higher, but the materials sector dropped 1.1% on weakness in lithium and iron-ore miners. $Rio Tinto Ltd (RIO.AU)$, $BHP Group Ltd (BHP.AU)$ and $Fortescue Ltd (FMG.AU)$ lost between 1.3% and 2.1%.
Supermarket and alcohol stocks fell, while nearly every consumer discretionary stock finished in the red.
Shares in every real-estate investment trust lost ground.
Tech was the only one of 11 sectors to finish higher, helped by sector heavyweight $WiseTech Global Ltd (WTC.AU)$'s 1.6% rise.
S&P/ASX 200 Movers for Monday (Nov/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 Monday (Nov/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
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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