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Australia stocks lower at close of trade; S&P/ASX 200 down 0.94%

Published 12/29/2022, 02:45 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.94%

Investing.com – Australia stocks were lower after the close on Thursday, as losses in the Energy, Resources and Utilities sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.94% to hit a new 1-month low.

The best performers of the session on the S&P/ASX 200 were Kogan.com Ltd (ASX:KGN), which rose 3.36% or 0.11 points to trade at 3.38 at the close. Meanwhile, Lend Lease Group (ASX:LLC) added 3.25% or 0.25 points to end at 7.94 and Pointsbet Holdings Ltd (ASX:PBH) was up 2.85% or 0.04 points to 1.45 in late trade.

The worst performers of the session were Whitehaven Coal Ltd (ASX:WHC), which fell 4.92% or 0.48 points to trade at 9.28 at the close. Woodside Energy Ltd (ASX:WDS) declined 4.54% or 1.67 points to end at 35.14 and Santos Ltd (ASX:STO) was down 3.93% or 0.29 points to 7.09.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 655 to 471 and 385 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 3.17% to 12.84.

Gold Futures for February delivery was down 0.15% or 2.75 to $1,813.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.10% or 0.87 to hit $78.09 a barrel, while the March Brent oil contract fell 1.14% or 0.96 to trade at $83.03 a barrel.

AUD/USD was unchanged 0.12% to 0.67, while AUD/JPY fell 0.59% to 90.04.

The US Dollar Index Futures was unchanged 0.00% at 104.18.

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