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Australia stocks lower at close of trade; S&P/ASX 200 down 1.05%

News Room by News Room
May 25, 2023
in Stocks
Reading Time: 1 min read
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Investing.com – Australia stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in Sydney, the declined 1.05% to hit a new 1-month low.

The best performers of the session on the were Adbri Ltd (ASX:), which rose 21.88% or 0.35 points to trade at 1.95 at the close. Meanwhile, Megaport Ltd (ASX:) added 12.78% or 0.73 points to end at 6.44 and Appen Ltd (ASX:) was up 8.52% or 0.19 points to 2.42 in late trade.

The worst performers of the session were Treasury Wine Estates Ltd (ASX:), which fell 7.84% or 1.00 points to trade at 11.76 at the close. Gold Road Resources Ltd (ASX:) declined 6.43% or 0.12 points to end at 1.75 and St Barbara Ltd (ASX:) was down 6.14% or 0.04 points to 0.54.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 811 to 456 and 423 ended unchanged.

The , which measures the implied volatility of S&P/ASX 200 options, was up 4.74% to 12.80.

Gold Futures for June delivery was down 0.22% or 4.30 to $1,960.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.78% or 0.58 to hit $73.76 a barrel, while the July Brent oil contract fell 0.63% or 0.49 to trade at $77.87 a barrel.

AUD/USD was unchanged 0.21% to 0.65, while AUD/JPY fell 0.28% to 91.00.

The US Dollar Index Futures was up 0.22% at 104.02.

Read the full article here

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