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HomeLatestAustralia Stocks Close Lower; S&P/ASX 200 Down 0.30%

Australia Stocks Close Lower; S&P/ASX 200 Down 0.30%

Sydney, Australia – On Tuesday, Australian stocks ended the trading session in negative territory, with losses observed in the Industrials, A-REITs, and IT sectors.

At the close in Sydney, the S&P/ASX 200 index declined by 0.30%.

Top performers on the S&P/ASX 200 included GUD Holdings Ltd (ASX:GUD), which surged by 11.87% or 1.16 points to reach 10.93 at the close. Alumina Ltd (ASX:AWC) also saw gains, rising by 6.88% or 0.11 points to end at 1.71, while Healius Ltd (ASX:HLS) climbed by 4.69% or 0.06 points, closing at 1.34.

Conversely, Omni Bridgeway Ltd (ASX:OBL) was among the day’s worst performers, experiencing a decline of 5.66% or 0.05 points to settle at 0.75. Fletcher Building Ltd (ASX:FBU) also faced a downturn, slipping by 4.01% or 0.12 points to end at 2.76, while Unibail Rodamco Westfield (ASX:URW) dropped by 3.26% or 0.21 points to 6.24.

Declining stocks outnumbered advancing ones on the Sydney Stock Exchange, where 614 shares retreated, 510 advanced, and 454 remained unchanged.

Omni Bridgeway Ltd (ASX:OBL) recorded a significant decline, reaching 5-year lows during the session. Conversely, Alumina Ltd (ASX:AWC) saw shares reach 52-week highs, while Fletcher Building Ltd (ASX:FBU) fell to 5-year lows.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, rose by 5.31% to 11.42.

In commodities trading, Gold Futures for June delivery rose by 0.11% or 2.65 to $2,345.65 a troy ounce. Crude oil for delivery in June edged up by 0.10% or 0.08 to $79.20 a barrel, while the July Brent oil contract increased by 0.13% or 0.11 to trade at $83.47 a barrel.

The AUD/USD pair remained unchanged at 0.66, while the AUD/JPY pair rose by 0.06% to 103.28.

The US Dollar Index Futures saw a slight uptick of 0.07% at 105.18.