Sydney, Nov 30, 2023 (Investing.com) – The Australian stock market concluded Thursday’s trading session on a positive note, with the S&P/ASX 200 index marking a 0.74% increase. This upward movement was spearheaded by notable advancements in the Industrials, IT, and Financials sectors.
As the market closed in Sydney, the S&P/ASX 200 exhibited a gain of 0.74%.
Leading the charge on the S&P/ASX 200 were standout performances by Iress Ltd (ASX:IRE), surging by 14.71% or 0.90 points to close at 7.02. Following closely, EML Payments Ltd (ASX:EML) rose by 11.69% or 0.09 points, concluding at 0.86, while Zip Co Ltd (ASX:ZIP) demonstrated a 5.26% increase, adding 0.02 points to reach 0.40 in late trading.
Conversely, the session’s underperformers included Omni Bridgeway Ltd (ASX:OBL), which experienced a 3.96% decline, equivalent to 0.07 points, settling at 1.57 at the close. Additionally, Goodman Group (ASX:GMG) and Corporate Travel Management Ltd (ASX:CTD) posted losses of 2.98% and 2.44%, respectively.
The Sydney Stock Exchange saw a favorable ratio of rising stocks to declining ones, with 642 gaining, 549 declining, and 388 remaining unchanged.
The S&P/ASX 200 VIX, gauging the implied volatility of S&P/ASX 200 options, reported a 5.08% decrease, reaching 9.67—a new 5-year low.
In commodities trading, Gold Futures for December delivery dipped by 0.15%, or 3.00, closing at $2,044.10 per troy ounce. Meanwhile, Crude oil for January delivery inched up by 0.28%, or 0.22, reaching $78.08 per barrel, and the February Brent oil contract rose by 0.23%, or 0.19, trading at $83.07 per barrel.
Currency markets saw the AUD/USD remaining unchanged at 0.66, while the AUD/JPY increased by 0.24% to 97.68.
The US Dollar Index Futures reported a modest uptick of 0.08%, closing at 102.76.
