Australia stocks lower at close of trade; S&P/ASX 200 down 0.01%
Australia's stock market closed lower on Friday, with the S&P/ASX 200 declining by 0.01%. Losses in the A-REITs, Energy, and Consumer Staples sectors contributed to the decline in shares. Among the top gainers, IperionX Limited rose 7.35% to close at 2.92, while Megaport Ltd increased 7.08% to 18.45 and Mercury NZ Ltd climbed 5.66% to 5.60.
Conversely, Stanmore Coal declined 4.32% to 2.66, Nine Entertainment Co Holdings Ltd dropped 3.77% to 0.77, and Xero Ltd fell 3.64% to 63.07. The S&P/ASX 200 VIX, which gauges implied volatility of S&P/ASX 200 options, decreased by 5.34% to 11.94. Gold Futures for December delivery rose by 0.75% to $4,432.80 per troy ounce, while crude oil for October delivery fell by 1.61% to $100.27 per barrel, and November Brent oil dropped by 1.88% to $102.85 per barrel.
AUD/USD remained unchanged at 0.71, and AUD/JPY increased by 0.92% to 111.91. The US Dollar Index Futures rose by 0.05% to 100.03.
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