Australia stocks lower at close of trade; S&P/ASX 200 down 0.35%

investing.com 08/10/2024 - 05:30 AM

Australia Stocks Close Lower

Investing.com – Australia stocks were lower after the close on Tuesday, with losses in the Metals & Mining, Materials, and Resources sectors leading shares down.

At the close in Sydney, the S&P/ASX 200 fell 0.35%.

Best Performers

The best performers of the session on the S&P/ASX 200 included:
Credit Corp Group Ltd (ASX:CCP): rose 3.34% or 0.54 points to trade at 16.71.
Premier Investments Ltd (ASX:PMV): added 2.00% or 0.61 points to end at 31.16.
Fisher & Paykel Healthcare Ltd (ASX:FPH): increased 1.98% or 0.62 points to 32.01 in late trade.

Worst Performers

The worst performers included:
Fortescue Metals Group Ltd (ASX:FMG): fell 5.21% or 1.06 points to trade at 19.29.
IGO Ltd (ASX:IGO): declined 4.82% or 0.28 points to end at 5.53.
Champion Iron Ltd (ASX:CIA): decreased 4.42% or 0.31 points to 6.70.

Market Overview

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 650 to 407, with 380 ending unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.16% to 12.14.

Commodities

  • Gold Futures for December delivery: down 0.16% or 4.30 to $2,661.70 a troy ounce.
  • Crude oil for November delivery: fell 1.54% or 1.19 to hit $75.95 a barrel.
  • December Brent oil contract: down 1.50% or 1.21 to trade at $79.72 a barrel.

Currency Exchange

  • AUD/USD was unchanged at 0.36% to 0.67.
  • AUD/JPY fell 0.60% to 99.56.

The US Dollar Index Futures was down 0.13% at 102.17.




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