Australia stocks lower at close of trade; S&P/ASX 200 down 0.08%

investing.com 03/09/2024 - 06:30 AM

Australia Stock Market Overview

Australia stocks experienced a decline after the close on Tuesday, primarily due to losses in the Consumer Staples, Metals & Mining, and Resources sectors.

At the close in Sydney, the S&P/ASX 200 fell by 0.08%.

Best Performers

  • Omni Bridgeway Ltd (ASX:OBL): +12.36% or +0.11 points, closing at 1.00.
  • EML Payments Ltd (ASX:EML): +4.96% or +0.04 points, ending at 0.74.
  • Kogan.com Ltd (ASX:KGN): +4.93% or +0.23 points, trading at 4.90.

Worst Performers

  • Mineral Resources Ltd (ASX:MIN): -8.20% or -3.24 points, closing at 36.27.
  • Appen Ltd (ASX:APX): -5.91% or -0.06 points, ending at 0.96.
  • IGO Ltd (ASX:IGO): -4.25% or -0.23 points, trading at 5.18.

In total, declining stocks outnumbered advancing ones on the Sydney Stock Exchange with 602 falling and 486 rising, while 442 remained unchanged.

Shares of Mineral Resources Ltd (ASX:MIN) reached a three-year low, dropping 8.20% to 36.27.

The S&P/ASX 200 VIX, which tracks the implied volatility of S&P/ASX 200 options, increased by 0.87% to 11.07.

Commodity Prices

  • Gold Futures (December): -0.15% or -3.70 to $2,528.00 a troy ounce.
  • Crude Oil (October): +0.03% or +0.02 to $74.06 a barrel.
  • Brent Oil (November): -0.22% or -0.17 to $77.35 a barrel.

Currency Exchange

  • AUD/USD: -0.81% to 0.67
  • AUD/JPY: -1.30% to 98.47
  • US Dollar Index Futures: +0.10% at 101.68.



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