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Closing Bell 9 November

Sophia Mavridis
November 9, 2022

The following Wall Street closing higher again overnight before the midterm election results, the Australian market climbed for the fourth consecutive day. The rebound in metal prices lifted miners with gold stocks leading the group. St Barbara (ASX:SBM) and Regis Resources (ASX:RRL) soared higher, while energy stocks were dragged down by the fall in the oil price amid China demand worries. Whitehaven Coal (ASX:WHC) dropped more than 9%, weighing on other coal miners as well, as it cut full year guidance after being impacted by La Nina.

Sectors that have gained the most are materials, real estate and the financials, while the other 5 industry sectors closed in the red.

Miners boosted the market today. The best performers following St Barbara (ASX:SBM) and Regis Resources (ASX:RRL), were De Grey Mining (ASX:DEG), Evolution Mining (ASX:EVN) and Perseus Mining (ASX:PRU). The worst performing stocks were News Corp (ASX:NWS) and Whitehaven.

The most traded stocks by Bell Direct clients today were ANZ, Westpac (ASX:WBC) and PayGroup (ASX:PYG).

The Australian dollar is buying 65 US cents, 56.43 British Pence, 94.68 Japanese Yen and NZ$1.09.

Morning Bell 29 November

Sophia Mavridis
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Closing Bell 28 November

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November 28, 2022

Morning Bell 28 November

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Weekly Wrap 25 November

Grady Wulff
November 25, 2022

Morning Bell 25 November

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November 25, 2022

Closing Bell 24 November

Grady Wulff
November 24, 2022

Morning Bell 24 November

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November 24, 2022

Closing Bell 23 November

Sophia Mavridis
November 23, 2022

Morning Bell 23 November

Grady Wulff
November 23, 2022

Closing Bell 22 November

Grady Wulff
November 22, 2022