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Australia stocks lower at close of trade; S&P/ASX 200 down 0.57%

Published 03/04/2022, 02:45 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.57%
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Investing.com – Australia stocks were lower after the close on Friday, as losses in the IT, Consumer Discretionary and Energy sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.57%.

The best performers of the session on the S&P/ASX 200 were Perseus Mining Ltd (ASX:PRU), which rose 3.12% or 0.06 points to trade at 1.82 at the close. Meanwhile, Newcrest Mining Ltd (ASX:NCM) added 2.76% or 0.70 points to end at 26.02 and Gold Road Resources Ltd (ASX:GOR) was up 2.58% or 0.04 points to 1.59 in late trade.

The worst performers of the session were Polynovo Ltd (ASX:PNV), which fell 8.60% or 0.10 points to trade at 1.01 at the close. Pointsbet Holdings Ltd (ASX:PBH) declined 8.28% or 0.36 points to end at 3.99 and Zip Co Ltd (ASX:Z1P) was down 8.02% or 0.15 points to 1.72.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 985 to 466 and 350 ended unchanged.

Shares in Zip Co Ltd (ASX:Z1P) fell to 52-week lows; losing 8.02% or 0.15 to 1.72.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 4.41% to 17.06.

Gold Futures for April delivery was up 0.27% or 5.25 to $1,941.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.65% or 1.78 to hit $109.45 a barrel, while the May Brent oil contract rose 1.24% or 1.37 to trade at $111.83 a barrel.

AUD/USD was unchanged 0.30% to 0.74, while AUD/JPY rose 0.31% to 84.88.

The US Dollar Index Futures was up 0.28% at 98.06.

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