Skip to main content

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.

Weekly Wrap 24 February

Grady Wulff
February 24, 2023

Morning Bell 24 February

Sophia Mavridis
February 24, 2023

Morning Bell 23 February

Grady Wulff
February 23, 2023

Morning Bell 22 February

Grady Wulff
February 22, 2023

Morning Bell 21 February

Sophia Mavridis
February 21, 2023

Morning Bell 20 February

Grady Wulff
February 20, 2023

Weekly Wrap 17 February

Grady Wulff
February 17, 2023

Morning Bell 17 February

Grady Wulff
February 17, 2023

Morning Bell 16 February

Sophia Mavridis
February 16, 2023