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.

Morning Bell 9 December

Grady Wulff
December 9, 2022

Closing Bell 8 December

Grady Wulff
December 8, 2022

Morning Bell 8 November

Grady Wulff
December 8, 2022

Morning Bell 6 December

Sophia Mavridis
December 6, 2022

Closing Bell 5 December

Grady Wulff
December 5, 2022

Morning Bell 5 December

Grady Wulff
December 5, 2022

Weekly Wrap 2 December

Sophia Mavridis
December 2, 2022

Morning Bell 2 December

Sophia Mavridis
December 2, 2022

Closing Bell 1 December

Sophia Mavridis
December 1, 2022

Morning Bell 1 December

Sophia Mavridis
December 1, 2022

Closing Bell 30 November

Sophia Mavridis
November 30, 2022