AU Morning Wrap: ASX Falls; Premier Investment Jumps

All three major U.S. stock indexes ended November at least 8 per cent higher, snapping three-month losing streaks. The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ led the way, ending the month up 10.7 per cent despite a 0.2 per cent decline on Thursday. The $S&P 500 Index (.SPX.US)$ gained 0.4 per cent Thursday to finish November 8.9 per cent higher.

The blue-chip $Dow Jones Industrial Average (.DJI.US)$, which on Thursday rose 1.5%, or 520 points, had its best month since October 2022, climbing 8.8% to its highest close since January 2022.

The $S&P/ASX 200 (.XJO.AU)$ opened 34 points or 0.5 per cent lower at 7068.1. The All Ordinaries is 0.4 per cent down.

$Premier Investments Ltd (PMV.AU)$: Peter Alexander owner Premier Investments is among the best performing, up 3.6 per cent to $25.31, after the retailer said it expected earnings before tax in its first half to come in around $200 million, higher than expected by most analysts.

$SSR Mining Inc (SSR.AU)$: SSR Mining is set to sell a Peru-based gold and silver project to Highlander Silver. Shares are 0.5 per cent higher at $17.76.

$Coles Group Ltd (COL.AU)$: Coles is 0.3 per cent lower at $15.29 after Australia’s consumer watchdog waved through plans by the supermarket owner to purchase milk facilities from Saputo.

Dividends Paid: $Dicker Data Ltd (DDR.AU)$, $Namoi Cotton Ltd(Delisted) (NAM.AU)$