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Australia stocks lower at close of trade; S&P/ASX 200 down 0.16%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.16%

Australian stocks closed lower on Friday, with the S&P/ASX 200 finishing 0.16% down. The decline was driven by losses in the Energy, Resources and Metals & Mining sectors. Regis Healthcare Ltd was the best performer, surging 5.12% to reach 4.52. DroneShield Ltd and Paladin Energy Ltd also showed gains, increasing by 5.11% and 5.06% respectively.

Conversely, Nine Entertainment Co Holdings Ltd experienced the biggest drop, falling by 8.25%. Ampol Ltd and Viva Energy Group Ltd also underperformed, with declines of 5.45% and 3.49% respectively. The S&P/ASX 200 VIX, a measure of implied volatility, saw a 1.30% decrease to 10.60. Meanwhile, Gold Futures for December delivery dropped 0.54% to $4,515.29 per troy ounce, while crude oil for October delivery rose 0.14% to $91.43 per barrel.

AUD/USD remained stable at 0.72, and AUD/JPY edged up 0.33% to 112.56. The US Dollar Index Futures increased by 0.09% to 98.97.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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