Australia Stock Market Update

Investing.com – Australia stocks were higher after the close on Wednesday, as gains in the Consumer Staples, Financials, and A-REITs sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.00%.

Best Performers

The best performers of the session on the S&P/ASX 200 were:
– Zip Co Ltd (ASX:ZIP): +13.88% or 0.29 points, trading at 2.38.
– Perseus Mining Ltd (ASX:PRU): +5.71% or 0.15 points, ending at 2.68.
– Resmed Inc DRC (ASX:RMD): +5.00% or 1.68 points, reaching 35.26 in late trade.

Worst Performers

The worst performers of the session were:
– Tabcorp Holdings Ltd (ASX:TAH): –16.37% or 0.09 points, trading at 0.47.
– EML Payments Ltd (ASX:EML): –7.74% or 0.06 points, ending at 0.72.
– Star Entertainment Group Ltd (ASX:SGR): –5.15% or 0.03 points, down to 0.46.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 634 to 500, and 413 ended unchanged.

Notable Stock Movements

• Zip Co Ltd (ASX:ZIP) rose to 52-week highs; gaining 13.88%.
• Tabcorp Holdings Ltd (ASX:TAH) fell to 5-year lows; losing 16.37%.
• EML Payments Ltd (ASX:EML) fell to 52-week lows; losing 7.74%.
• Resmed Inc DRC (ASX:RMD) rose to 52-week highs; gaining 5.00%.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.81% to 11.12, a new 1-month low.

Commodity Prices

• Gold Futures for December delivery was down 0.37% or 9.40 to $2,543.50 per troy ounce.
• Crude Oil for October delivery rose 0.11% or 0.08 to $75.61 a barrel.
• Brent Oil contract for November rose 0.09% or 0.07 to $78.73 a barrel.

Currency Exchange

• AUD/USD was unchanged at 0.68.
• AUD/JPY rose 0.34% to 98.11.
• US Dollar Index Futures was up 0.37% at 100.82.