Australia stocks lower at close of trade; S&P/ASX 200 down 0.64%
Australia stocks closed lower on Wednesday, the S&P/ASX 200 index shedding 0.64% as losses in Gold, Financials and Metals & Mining sectors pulled down the market. The best performers for the day were Austal Ltd, which climbed 10.93% to trade at 4.16, Zip Co Ltd which rose 4.25% to 2.21, and Objective Corp Ltd which added 3.96% to 5.77.
In contrast, Paladin Energy Ltd saw the biggest losses, plummeting 8.59% to 7.34, while Orora Ltd fell 6.32% to 1.30 and Summerset Group Holdings Ltd dropped 4.64% to 5.34. Stocks that fell outnumbered those that gained by a significant margin of 631 to 443, with 377 remaining unchanged. The S&P/ASX 200 VIX, a measure of implied volatility of S&P/ASX 200 options, rose 3.45% to 11.07.
Gold Futures for December delivery increased 0.07% to $4,180.17 per troy ounce, while Crude oil for November delivery climbed 0.49% to $94.60 and the December Brent oil contract rose 0.52% to $106.24. The Australian Dollar against the US Dollar remained stable, trading unchanged at 0.70, while the Australian Dollar against the Japanese Yen rose 0.26% to 110.85. The US Dollar Index Futures saw a slight decline of 0.06% at 101.91.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
