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Australia stocks lower at close of trade; S&P/ASX 200 down 0.51%

Published 01/24/2022, 02:45 AM
Updated 01/24/2022, 07:55 AM
© Reuters Australia stocks lower at close of trade; S&P/ASX 200 down 0.51%
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Investing.com – Australia stocks were lower after the close on Monday, as losses in the Gold, IT and Metals & Mining sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.51% to hit a new 6-months low.

The best performers of the session on the S&P/ASX 200 were Goodman Group (ASX:GMG), which rose 3.54% or 0.800 points to trade at 23.430 at the close. Meanwhile, Corporate Travel Managment Ltd (ASX:CTD) added 3.07% or 0.62 points to end at 20.79 and Rea Group Ltd (ASX:REA) was up 2.85% or 4.19 points to 151.02 in late trade.

The worst performers of the session were Regis Resources Ltd (ASX:RRL), which fell 14.29% or 0.300 points to trade at 1.800 at the close. Resolute Mining Ltd (ASX:RSG) declined 11.27% or 0.040 points to end at 0.315 and Pointsbet Holdings Ltd (ASX:PBH) was down 6.12% or 0.37 points to 5.68.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 1314 to 257 and 287 ended unchanged.

Shares in Resolute Mining Ltd (ASX:RSG) fell to 5-year lows; losing 11.27% or 0.040 to 0.315. Shares in Pointsbet Holdings Ltd (ASX:PBH) fell to 52-week lows; falling 6.12% or 0.37 to 5.68.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 4.70% to 17.431 a new 6-months high.

Gold Futures for February delivery was up 0.35% or 6.35 to $1838.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.23% or 0.20 to hit $84.94 a barrel, while the April Brent oil contract fell 0.09% or 0.08 to trade at $87.00 a barrel.

AUD/USD was down 0.81% to 0.7125, while AUD/JPY fell 0.56% to 81.08.

The US Dollar Index Futures was up 0.35% at 95.970.

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