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Australia stocks lower at close of trade; S&P/ASX 200 down 0.35%

Published 10/08/2024, 01:30 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.35%
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Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the Metals & Mining, Materials and Resources sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.35%.

The best performers of the session on the S&P/ASX 200 were Credit Corp Group Ltd (ASX:CCP), which rose 3.34% or 0.54 points to trade at 16.71 at the close. Meanwhile, Premier Investments Ltd (ASX:PMV) added 2.00% or 0.61 points to end at 31.16 and Fisher & Paykel Healthcare Ltd (ASX:FPH) was up 1.98% or 0.62 points to 32.01 in late trade.

The worst performers of the session were Fortescue Metals Group Ltd (ASX:FMG), which fell 5.21% or 1.06 points to trade at 19.29 at the close. IGO Ltd (ASX:IGO) declined 4.82% or 0.28 points to end at 5.53 and Champion Iron Ltd (ASX:CIA) was down 4.42% or 0.31 points to 6.70.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 650 to 407 and 380 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.16% to 12.14.

Gold Futures for December delivery was down 0.16% or 4.30 to $2,661.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 1.54% or 1.19 to hit $75.95 a barrel, while the December Brent oil contract fell 1.50% or 1.21 to trade at $79.72 a barrel.

AUD/USD was unchanged 0.36% to 0.67, while AUD/JPY fell 0.60% to 99.56.

The US Dollar Index Futures was down 0.13% at 102.17.

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