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Australia stocks lower at close of trade; S&P/ASX 200 down 0.69%

2022.05.26 11:00

Australia stocks lower at close of trade; S&P/ASX 200 down 0.69%
Australia stocks lower at close of trade; S&P/ASX 200 down 0.69%

Investing.com – Australia stocks were lower after the close on Thursday, as losses in the Gold, Consumer Staples and Utilities sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.69%.

The best performers of the session on the S&P/ASX 200 were Appen Ltd (ASX:APX), which rose 29.22% or 1.87 points to trade at 8.27 at the close. Meanwhile, ALS Ltd (ASX:ALQ) added 6.08% or 0.73 points to end at 12.74 and Pointsbet Holdings Ltd (ASX:PBH) was up 5.04% or 0.12 points to 2.50 in late trade.

The worst performers of the session were Resolute Mining Ltd (ASX:RSG), which fell 6.45% or 0.02 points to trade at 0.29 at the close. Nanosonics Ltd (ASX:NAN) declined 5.68% or 0.22 points to end at 3.65 and Tabcorp Holdings Ltd (ASX:TAH) was down 5.39% or 0.06 points to 0.96.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 745 to 596 and 420 ended unchanged.

Shares in Tabcorp Holdings Ltd (ASX:TAH) fell to 5-year lows; down 5.39% or 0.06 to 0.96.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 3.28% to 15.69.

Gold Futures for June delivery was up 0.14% or 2.58 to $1,848.88 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.78% or 0.86 to hit $111.19 a barrel, while the August Brent oil contract rose 0.51% or 0.57 to trade at $111.69 a barrel.

AUD/USD was unchanged 0.03% to 0.71, while AUD/JPY fell 0.38% to 89.96.

The US Dollar Index Futures was down 0.08% at 102.00.

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