Australia’s Stock Market Report
Stocks in Australia experienced a downturn at the close of trading on Tuesday, primarily driven by losses in the Metals & Mining, Resources, and Materials sectors.
By the end of the session in Sydney, the S&P/ASX 200 index dropped by 0.08%.
Among the top performers on the S&P/ASX 200 were Appen Ltd (ASX:APX), which surged by 15.71% or 0.06 points to close at 0.41. Nuix Ltd (ASX:NXL) also saw significant gains, rising by 13.08% or 0.22 points to finish at 1.95, while ARB Corporation Ltd (ASX:ARB) climbed by 9.87% or 3.53 points, reaching 39.30 by the end of the day.
Conversely, Star Entertainment Group Ltd (ASX:SGR) experienced notable losses, dropping by 19.64% or 0.11 points to close at 0.45. Sims Metal Management Ltd (ASX:SGM) declined by 9.65% or 1.40 points to end at 13.11, and Sonic Healthcare Ltd (ASX:SHL) was down by 7.57% or 2.40 points, closing at 29.31.
On the Sydney Stock Exchange, declining stocks surpassed advancing ones, with 628 stocks falling, 544 advancing, and 374 remaining unchanged.
Star Entertainment Group Ltd (ASX:SGR) hit all-time lows, falling by 19.64% to 0.45, while ARB Corporation Ltd (ASX:ARB) reached 52-week highs, increasing by 9.87% to 39.30.
The S&P/ASX 200 VIX, which measures implied volatility of S&P/ASX 200 options, decreased by 3.23% to 10.90.
In commodities trading, Gold Futures for April delivery edged up by 0.03% or 0.70 to $2,030.10 per troy ounce. Crude oil for April delivery rose by 0.18% or 0.14 to reach $78.36 per barrel, while the April Brent oil contract fell by 0.11% or 0.09 to trade at $83.47 per barrel.
The AUD/USD remained unchanged at 0.65, while the AUD/JPY also remained unchanged at 98.19.
The US Dollar Index Futures increased by 0.14% to 104.29.
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