May 29 2024: Australian stocks fell on Wednesday, with significant declines in the Consumer Staples, Industrials, and Financials sectors pulling the S&P/ASX 200 down by 1.30%.
At the close in Sydney, the S&P/ASX 200 was down 1.30%.
Top Performers:
- Westgold Resources Ltd (ASX) increased by 6.51% or 0.14 points to close at 2.29.
- Resolute Mining Ltd (ASX) rose 4.72% or 0.03 points to finish at 0.56.
- Fisher & Paykel Healthcare Ltd (ASX) climbed 4.17% or 1.06 points to end at 26.51.
Worst Performers:
- Ramelius Resources Ltd (ASX) dropped 7.16% or 0.15 points to close at 1.91.
- Zip Co Ltd (ASX) decreased by 6.07% or 0.08 points to end at 1.16.
- A2 Milk Company Ltd (ASX) fell 4.64% or 0.34 points to finish at 6.99.
Declining stocks outnumbered advancing ones on the Sydney Stock Exchange by 733 to 441, with 455 ending unchanged.
Highlights:
- Resolute Mining Ltd (ASX) reached 52-week highs, gaining 4.72% or 0.03 points to 0.56.
- The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, rose 7.30% to 11.99.
Commodities:
- Gold Futures for June delivery fell 0.11% or 2.60 to $2,353.90 per troy ounce.
- Crude oil for July delivery increased 0.35% or 0.28 to $80.11 a barrel.
- The August Brent oil contract rose 0.26% or 0.22 to $84.16 a barrel.
Currencies:
- AUD/USD was unchanged, up 0.09% to 0.67.
- AUD/JPY edged up 0.03% to 104.55.
- The US Dollar Index Futures rose 0.06% to 104.60.
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