Mar 11 2024: Australian stocks concluded Monday’s trading session with losses, driven by declines in the Metals & Mining, Resources, and Materials sectors.
At the close in Sydney, the S&P/ASX 200 index fell by 1.82%.
Among the top performers on the S&P/ASX 200 were Appen Ltd (ASX:APX), which surged by 7.95% or 0.06 points to trade at 0.81 at the close. Meanwhile, EML Payments Ltd (ASX:EML) rose by 4.02% or 0.04 points, ending at 1.03, and Iress Ltd (ASX:IRE) gained 3.42% or 0.29 points, closing at 8.78 in late trading.
However, the session’s worst performers included St Barbara Ltd (ASX:SBM), which tumbled by 8.33% or 0.02 points to trade at 0.17 at the close. Champion Iron Ltd (ASX:CIA) declined by 5.10% or 0.40 points, ending at 7.44, and Regis Resources Ltd (ASX:RRL) dropped by 4.23% or 0.09 points, closing at 1.92.
Declining stocks outnumbered advancing ones on the Sydney Stock Exchange, with 747 stocks falling, 428 advancing, and 344 remaining unchanged.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, rose by 15.34% to 13.09, marking a new three-month high.
In commodities trading, Gold Futures for April delivery rose by 0.09% or 1.95 to $2,187.45 a troy ounce. Meanwhile, Crude oil for delivery in April fell by 0.72% or 0.56 to hit $77.45 a barrel, and the May Brent oil contract decreased by 0.67% or 0.55 to trade at $81.53 a barrel.
AUD/USD remained unchanged at 0.66, while AUD/JPY fell by 0.25% to 97.17.
The US Dollar Index Futures were down by 0.01% at 102.32.
