Australian Stock Market Update

Investing.com – Australia stocks were higher after the close on Monday, with gains in the IT, Financials, and Consumer Discretionary sectors leading shares upward.

At the close in Sydney, the S&P/ASX 200 gained 0.68%.

Best Performers

• EML Payments Ltd (ASX:EML): Rose 7.50% or 0.05 points to trade at 0.65 at the close.
• Magellan Financial Group Ltd (ASX:MFG): Added 6.44% or 0.62 points to end at 10.24.
• Zip Co Ltd (ASX:ZIP): Up 5.69% or 0.14 points to 2.70 in late trade.

Worst Performers

• Fisher & Paykel Healthcare Ltd (ASX:FPH): Fell 4.30% or 1.41 points to trade at 31.39 at the close.
• Resolute Mining Ltd (ASX:RSG): Declined 2.84% or 0.02 points to end at 0.69.
• National Storage REIT (ASX:NSR): Down 2.37% or 0.06 points to 2.47.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 647 to 410, and 476 ended unchanged.

The S&P/ASX 200 VIX, measuring the implied volatility of S&P/ASX 200 options, was down 3.72% to 12.00.

Commodities Update

• Gold Futures (December delivery): Down 0.18% or 4.70 to $2,663.10 a troy ounce.
• Crude oil (November delivery): Fell 0.31% or 0.23 to hit $74.15 a barrel.
• Brent oil (December contract): Down 0.44% or 0.34 to trade at $77.71 a barrel.

Currency Update

• AUD/USD: Unchanged at 0.08% to 0.68.
• AUD/JPY: Unchanged at 0.00% to 100.98.
• US Dollar Index Futures: Up 0.03% at 102.31.