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Australia stocks lower at close of trade; S&P/ASX 200 down 0.31%

1 January 2024 By News Team

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 lost 0.31%.

The best performers of the session on the S&P/ASX 200 were Nickel Mines Ltd (ASX: NIC), which rose 3.73% or 0.03 points to trade at 0.69 at the close. Meanwhile, Austal Ltd (ASX: ASB) added 3.57% or 0.07 points to end at 2.03 and St Barbara Ltd (ASX: SBM) was up 2.44% or 0.01 points to 0.21 in late trade.

The worst performers of the session were Resolute Mining Ltd (ASX: RSG), which fell 4.30% or 0.02 points to trade at 0.44 at the close. Perseus Mining Ltd (ASX: PRU) declined 3.39% or 0.07 points to end at 1.85 and Silver Lake Resources Ltd (ASX: SLR) was down 2.86% or 0.04 points to 1.19.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 8 to 1 and 13 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 6.18% to 11.23 a new 1-month high.

Gold Futures for February delivery was down 0.56% or 11.70 to $2,071.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.61% or 0.44 to hit $71.33 a barrel, while the March Brent oil contract fell 0.10% or 0.08 to trade at $77.07 a barrel.

AUD/USD was unchanged 0.01% to 0.68, while AUD/JPY fell 0.22% to 96.04.

The US Dollar Index Futures was up 0.15% at 101.06.

Source: https://www.investing.com/news/stock-market-news/australia-stocks-lower-at-close-of-trade-spasx-200-down-031-3265025