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    Australia stocks close lower; S&P/ASX 200 down 0.98% | FinOracle

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Australia stocks close lower; S&P/ASX 200 down 0.98%

The Australian stock market closed lower in Sydney, with the ASX falling 0.98% to reach a new 1-month low. Omni Bridgeway Ltd shares also dropped to 5-year lows. Gold futures were down slightly, while the AUD/USD remained unchanged and the AUD/JPY fell. The US Dollar Index Futures, however, increased by 0.07% to 106.06.

by Terry Bingman
Sun, Apr 21, 2024 6:12am
in Business
• 2 mins read
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Australia stocks close lower; S&P/ASX 200 down 0.98% | FinOracle

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Australian Stocks Hit 1-Month Low Amid Market Downturn

In a significant market movement on Friday, Australian stocks took a hit, closing lower across various sectors and marking a new 1-month low. The downturn in Sydney saw the market shed 0.98% of its value, casting a gloom over investors and traders.

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