Australia stocks lower at close of trade; S&P/ASX 200 down 0.16%

investing.com 27/08/2024 - 06:30 AM

Australia Stock Market Update

Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the IT, Financials, and Industrials sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.16%.

Best Performers

The best performers of the session on the S&P/ASX 200 were:
Nanosonics Ltd (ASX:NAN): rose 22.96% or 0.62 points to trade at 3.32 at the close.
Idp Education Ltd (ASX:IEL): added 5.39% or 0.81 points to end at 15.85.
Austal Ltd (ASX:ASB): was up 4.44% or 0.10 points to 2.35 in late trade.

Worst Performers

The worst performers of the session were:
Zip Co Ltd (ASX:ZIP): fell 8.37% or 0.19 points to trade at 2.08 at the close.
Deterra Royalties Ltd (ASX:DRR): declined 6.11% or 0.24 points to end at 3.69.
IPH Ltd (ASX:IPH): was down 5.22% or 0.35 points to 6.35.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 609 to 492 and 420 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 3.53% to 11.21, a new 1-month low.

Commodity Prices

  • Gold Futures for December delivery: down 0.12% or 3.00 to $2,552.20 a troy ounce.
  • Crude oil for October: fell 0.08% or 0.06 to hit $77.36 a barrel.
  • November Brent oil contract: fell 0.02% or 0.02 to trade at $80.34 a barrel.

Currency Updates

  • AUD/USD: unchanged at 0.68.
  • AUD/JPY: rose 0.36% to 98.22.
  • US Dollar Index Futures: down 0.01% at 100.74.



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