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HomeLatestAustralia's S&P/ASX 200 Index Ends Higher by 0.70%

Australia’s S&P/ASX 200 Index Ends Higher by 0.70%

On Monday, Australia’s stock market closed with gains, with the A-REITs, Utilities, and Financials sectors driving the uptrend.


The S&P/ASX 200 index in Sydney concluded the trading session with a rise of 0.70%.


Among the top performers on the S&P/ASX 200 were Healius Ltd (ASX:HLS), which surged by 6.52% or 0.08 points to close at 1.23. Additionally, Mesoblast Ltd (ASX:MSB) gained 5.99% or 0.07 points, reaching 1.15, while Austal Ltd (ASX:ASB) climbed by 5.34% or 0.13 points, closing at 2.47.


Conversely, Omni Bridgeway Ltd (ASX:OBL) experienced a notable decline of 8.26% or 0.10 points, ending the session at 1.06. Spark New Zealand Ltd (ASX:SPK) fell by 4.24% or 0.18 points to reach 4.07, and Pointsbet Holdings Ltd (ASX:PBH) was down by 4.17% or 0.02 points, settling at 0.46.

In terms of market breadth, falling stocks slightly outnumbered advancing ones on the Sydney Stock Exchange, with 579 declining stocks against 566 advancing ones, while 477 remained unchanged.

Omni Bridgeway Ltd (ASX:OBL) saw its shares hit 5-year lows, while Spark New Zealand Ltd (ASX:SPK) reached 52-week lows during the session.

The S&P/ASX 200 VIX, reflecting the implied volatility of S&P/ASX 200 options, decreased by 0.13% to 11.71.

In commodities trading, Gold Futures for June delivery rose by 0.60% or 13.90 to $2,322.50 a troy ounce. Crude oil for June delivery increased by 0.67% or 0.52 to $78.63 a barrel, and the July Brent oil contract rose by 0.61% or 0.51 to trade at $83.47 a barrel.

The AUD/USD pair remained unchanged at 0.66%, while the AUD/JPY pair rose by 0.52% to 101.81.

The US Dollar Index Futures edged up by 0.11% to 105.04.