Australia Stocks Lower After Market Close

Investing.com – Australia stocks were lower after the close on Monday, as losses in the Metals & Mining, Resources, and Materials sectors led shares lower.

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

Best Performers

The best performers of the session on the S&P/ASX 200 were:
– Pointsbet Holdings Ltd (ASX:PBH): rose 8.99% or 0.08 points to trade at 0.98 at the close.
– Omni Bridgeway Ltd (ASX:OBL): added 4.71% or 0.04 points to end at 0.89.
– Appen Ltd (ASX:APX): was up 6.15% or 0.15 points to 2.59 in late trade.

Worst Performers

The worst performers of the session were:
– Resolute Mining Ltd (ASX:RSG): fell 32.84% or 0.22 points to trade at 0.45 at the close.
– Champion Iron Ltd (ASX:CIA): declined 9.76% or 0.61 points to end at 5.64.
– Iluka Resources Ltd (ASX:ILU): was down 7.89% or 0.46 points to 5.37.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 616 to 492, with 487 ending unchanged.

Shares in Appen Ltd (ASX:APX) rose to 52-week highs, increasing 6.15% or 0.15 to 2.59. In contrast, Iluka Resources Ltd (ASX:ILU) fell to 3-year lows, dropping 7.89% or 0.46 to 5.37.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 0.67% to 11.25.

Commodities Trading

• Gold Futures for December delivery was down 0.71% or 19.20 to $2,675.60 a troy ounce.
• Crude oil for December fell 0.43% or 0.30 to $70.08 a barrel.
• January Brent oil contract fell 0.34% or 0.25 to trade at $73.62 a barrel.

Currency Movement

• AUD/USD was unchanged at 0.66, while AUD/JPY rose 0.69% to 101.30.
• The US Dollar Index Futures was up 0.10% at 105.00.