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Australia stocks lower at close of trade; S&P/ASX 200 down 0.21%

Published 02/21/2023, 02:45 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.21%

Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the Telecoms Services, IT and Consumer Staples sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.21% to hit a new 1-month low.

The best performers of the session on the S&P/ASX 200 were Hub24 Ltd (ASX:HUB), which rose 7.74% or 2.09 points to trade at 29.09 at the close. Meanwhile, EML Payments Ltd (ASX:EML) added 5.79% or 0.04 points to end at 0.64 and Pilbara Minerals Ltd (ASX:PLS) was up 4.52% or 0.19 points to 4.39 in late trade.

The worst performers of the session were Ingenia Communities Group (ASX:INA), which fell 13.42% or 0.62 points to trade at 4.00 at the close. Monadelphous Group Ltd (ASX:MND) declined 8.81% or 1.23 points to end at 12.73 and A2 Milk Company Ltd (ASX:A2M) was down 6.32% or 0.41 points to 6.08.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 671 to 544 and 408 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 5.86% to 12.20.

Gold Futures for April delivery was down 0.34% or 6.30 to $1,843.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.39% or 0.30 to hit $76.85 a barrel, while the April Brent oil contract fell 0.80% or 0.67 to trade at $83.40 a barrel.

AUD/USD was unchanged 0.39% to 0.69, while AUD/JPY fell 0.07% to 92.63.

The US Dollar Index Futures was up 0.26% at 104.04.

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