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HomeLatestSlight Gains in Australia's S&P/ASX 200 Index Driven by Consumer Sectors

Slight Gains in Australia’s S&P/ASX 200 Index Driven by Consumer Sectors

Sydney, Australia – Following Monday’s trading session, Australia’s stock market saw marginal gains, with the S&P/ASX 200 index edging up by 0.01%. The upturn was propelled by advances in the Consumer Discretionary, Consumer Staples, and Healthcare sectors.


At the close of trading in Sydney, the S&P/ASX 200 registered a modest increase of 0.01%.


Among the top performers on the S&P/ASX 200 during the session was Bapcor Ltd (ASX:BAP), surging by 4.98% or 0.22 points to reach 4.64 at the close. Similarly, IPH Ltd (ASX:IPH) demonstrated strong performance, gaining 3.44% or 0.20 points to close at 6.02, while Nuix Ltd (ASX:NXL) rose by 3.42% or 0.08 points to 2.42 during late trade.


Conversely, some of the session’s weakest performers included Fletcher Building Ltd (ASX:FBU), marking a notable decline of 10.56% or 0.34 points to close at 2.88. Omni Bridgeway Ltd (ASX:OBL) also experienced a significant downturn, dropping by 10.56% or 0.10 points to end at 0.81, while Westgold Resources Ltd (ASX:WGX) recorded a decrease of 4.05% or 0.09 points, settling at 2.13.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange, with 702 stocks registering declines compared to 498 stocks that witnessed gains, while 453 stocks remained unchanged.

Notably, shares in Fletcher Building Ltd (ASX:FBU) and Omni Bridgeway Ltd (ASX:OBL) fell to their respective 5-year lows during the session, while shares in Nuix Ltd (ASX:NXL) surged to their 52-week highs.

The S&P/ASX 200 VIX, measuring the implied volatility of S&P/ASX 200 options, experienced a decline of 4.33% to reach 10.85.

In commodities trading, Gold Futures for June delivery witnessed a decrease of 0.70% to $2,358.35 per troy ounce. Additionally, Crude oil for delivery in June experienced a slight decline of 0.12% to $78.17 per barrel, while the July Brent oil contract dipped by 0.16% to $82.66 per barrel.

In currency markets, the AUD/USD pair remained unchanged at 0.66, while the AUD/JPY pair also remained flat at 102.83.

The US Dollar Index Futures held steady at 105.18%.