Australia Stocks Lower at Close of Trade; S&P/ASX 200 Down 0.11%
At the close in Sydney, the S&P/ASX 200 index was down 0.11%. This means the overall market value of top 200 companies in Australia fell slightly. Here’s a simple breakdown of what happened.
Top Performers of the Day
- EML Payments Ltd: This company's stocks rose by 5.91% to end at $0.99. For example, if you had invested $100, it would now be worth nearly $106.
- Westgold Resources Ltd: Increased by 3.29% to wrap up at $2.36.
- Mirvac Group: Went up by 3.08% and ended the trading at $1.92.
Worst Performers of the Day
- QBE Insurance Group Ltd: Fell by 4.74% to trade at $17.50. This means if you had a $100 investment, it would now be around $95.
- Beach Energy Ltd: Its price declined by 4.58%, ending at $1.46.
- St Barbara Ltd: Dropped by 4.55% to $0.21.
Overall Market Mood
On the Sydney Stock Exchange, more stocks fell than rose. Specifically, 653 stocks fell, while 525 rose, and 468 remained unchanged.
Volatility Index
The Volatility Index, which shows how much people think the prices of the S&P/ASX 200 will change, was down 0.59% to 10.76. Lower numbers on this index usually mean less expected big changes in stock prices.
Commodities Trading
- Gold: Futures for August delivery were down by 0.15% to $2,343.40 per troy ounce.
- Crude Oil: Oil prices for August delivery fell 0.11% to $80.62 per barrel.
- Brent Oil: The August contract also dropped 0.15% to $85.20 per barrel.
Currency Exchange Rates
- AUD/USD: The exchange rate was stable, with no significant change, holding at 0.67.
- AUD/JPY: Rose by 0.20% to 105.28.
US Dollar Index
The US Dollar Index Futures remained flat at 104.88.
This article aims to provide a clear summary of the day's trading activity to keep you informed about the stock market performance. Stay tuned for more updates to make informed decisions for your investments.
