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Australia stocks higher at close of trade; S&P/ASX 200 up 0.76%

Published 08/26/2024, 02:30 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 0.76%
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Investing.com – Australia stocks were higher after the close on Monday, as gains in the Telecoms Services, Financials and Energy sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.76%.

The best performers of the session on the S&P/ASX 200 were Kogan.com Ltd (ASX:KGN), which rose 12.90% or 0.56 points to trade at 4.90 at the close. Meanwhile, Chorus Ltd (ASX:CNU) added 9.92% or 0.72 points to end at 7.98 and James Hardie Industries PLC (ASX:JHX) was up 5.01% or 2.59 points to 54.31 in late trade.

The worst performers of the session were NIB Holdings (ASX:NHF), which fell 16.92% or 1.23 points to trade at 6.04 at the close. Appen Ltd (ASX:APX) declined 8.93% or 0.13 points to end at 1.27 and Pointsbet Holdings Ltd (ASX:PBH) was down 7.80% or 0.04 points to 0.50.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 591 to 557 and 446 ended unchanged.

Shares in NIB Holdings (ASX:NHF) fell to 3-years lows; down 16.92% or 1.23 to 6.04. Shares in Chorus Ltd (ASX:CNU) rose to 52-week highs; gaining 9.92% or 0.72 to 7.98.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.51% to 11.63.

Gold Futures for December delivery was up 0.12% or 3.10 to $2,549.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.83% or 0.62 to hit $75.45 a barrel, while the November Brent oil contract rose 0.74% or 0.58 to trade at $78.73 a barrel.

AUD/USD was unchanged 0.25% to 0.68, while AUD/JPY fell 0.47% to 97.45.

The US Dollar Index Futures was down 0.01% at 100.59.

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