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Chibuike Paul
Jun 22, 2022 1:26PM ET
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Australia stocks lower at close of trade; S&P/ASX 200 down 0.64%
© Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 0.64%
Investing.com – Australia stocks were lower after the close on Monday, as losses in the Gold, Energy and Resources sectors led shares lower.
At the close in Sydney, the S&P/ASX 200 declined 0.64% to hit a new 52-week low.
The best performers of the session on the S&P/ASX 200 were Pointsbet Holdings Ltd (ASX:PBH), which rose 18.60% or 0.40 points to trade at 2.55 at the close. Meanwhile, Appen Ltd (ASX:APX) added 9.68% or 0.51 points to end at 5.78 and Kogan.com Ltd (ASX:KGN) was up 6.79% or 0.19 points to 2.99 in late trade.
The worst performers of the session were Champion Iron Ltd (ASX:CIA), which fell 11.94% or 0.72 points to trade at 5.31 at the close. Silver Lake Resources Ltd (ASX:SLR) declined 9.85% or 0.16 points to end at 1.47 and Whitehaven Coal Ltd (ASX:WHC) was down 9.20% or 0.46 points to 4.54.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 967 to 501 and 346 ended unchanged.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.68% to 23.25.
Gold Futures for August delivery was up 0.11% or 2.10 to $1,842.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.22% or 0.24 to hit $107.75 a barrel, while the August Brent oil contract fell 0.38% or 0.43 to trade at $112.69 a barrel.
AUD/USD was up 0.78% to 0.70, while AUD/JPY rose 0.50% to 94.05.
The US Dollar Index Futures was down 0.30% at 104.18.
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