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Australia stocks higher at close of trade; S&P/ASX 200 up 0.09%

Published 02/19/2024, 12:30 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 0.09%

Investing.com – Australia stocks were higher after the close on Monday, as gains in the Telecoms Services, Financials and Metals & Mining sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.09%.

The best performers of the session on the S&P/ASX 200 were A2 Milk Company Ltd (ASX:A2M), which rose 14.55% or 0.74 points to trade at 5.79 at the close. Meanwhile, Appen Ltd (ASX:APX) added 9.23% or 0.03 points to end at 0.35 and Reliance Worldwide Corporation Ltd (ASX:RWC) was up 5.67% or 0.25 points to 4.66 in late trade.

The worst performers of the session were Lend Lease Group (ASX:LLC), which fell 14.51% or 1.09 points to trade at 6.42 at the close. Nuix Ltd (ASX:NXL) declined 11.05% or 0.22 points to end at 1.73 and Orora Ltd (ASX:ORA) was down 6.21% or 0.18 points to 2.72.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 603 to 559 and 310 ended unchanged.

Shares in Reliance Worldwide Corporation Ltd (ASX:RWC) rose to 52-week highs; gaining 5.67% or 0.25 to 4.66.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.94% to 11.26.

Gold Futures for April delivery was up 0.36% or 7.35 to $2,031.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.76% or 0.60 to hit $77.86 a barrel, while the April Brent oil contract fell 0.74% or 0.62 to trade at $82.85 a barrel.

AUD/USD was unchanged 0.20% to 0.65, while AUD/JPY rose 0.15% to 98.14.

The US Dollar Index Futures was down 0.05% at 104.13.

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