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Australia stocks lower at close of trade; S&P/ASX 200 down 0.50%

Published 07/22/2024, 02:30 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.50%
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Investing.com – Australia stocks were lower after the close on Monday, as losses in the Energy, Resources and Metals & Mining sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.50%.

The best performers of the session on the S&P/ASX 200 were Iress Ltd (ASX:IRE), which rose 9.77% or 0.88 points to trade at 9.89 at the close. Meanwhile, Insignia Financial Ltd (ASX:IFL) added 5.88% or 0.14 points to end at 2.52 and Perenti Global Ltd (ASX:PRN) was up 5.18% or 0.05 points to 1.01 in late trade.

The worst performers of the session were South32 Ltd (ASX:S32), which fell 12.57% or 0.43 points to trade at 2.99 at the close. Nuix Ltd (ASX:NXL) declined 5.44% or 0.18 points to end at 3.13 and Whitehaven Coal Ltd (ASX:WHC) was down 3.73% or 0.31 points to 8.01.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 692 to 422 and 454 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 4.45% to 12.24 a new 1-month high.

Gold Futures for August delivery was up 0.19% or 4.65 to $2,403.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.37% or 0.29 to hit $78.93 a barrel, while the September Brent oil contract rose 0.45% or 0.37 to trade at $83.00 a barrel.

AUD/USD was unchanged 0.26% to 0.67, while AUD/JPY fell 0.91% to 104.38.

The US Dollar Index Futures was down 0.09% at 104.01.

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