Australian stocks closed lower on Thursday, with declines in the IT, energy, and resources sectors leading the market down.
The S&P/ASX 200 ended the day down by 0.94% in Sydney.
Among the top performers, Ramelius Resources Ltd (ASX: RMS) saw an increase of 5.22%, rising 0.12 points to 2.42. Dyno Nobel Ltd (ASX: DNL) gained 4.08%, adding 0.10 points to close at 2.55. Westgold Resources Ltd (ASX: WGX) also saw a 3.23% increase, rising 0.09 points to 2.88.
On the downside, Ansell Ltd (ASX: ANN) suffered a significant loss, dropping 14.34% or 4.91 points to 29.34. Netwealth Group Ltd (ASX: NWL) fell by 8.65%, losing 2.27 points to finish at 23.98. Mineral Resources Ltd (ASX: MIN) dropped 9.47%, or 2.20 points, closing at 21.03.
Declining stocks outnumbered advancing ones by 725 to 348, with 415 stocks remaining unchanged.
Dyno Nobel Ltd (ASX: DNL) reached a 52-week low, while Mineral Resources Ltd (ASX: MIN) hit a three-year low.
The S&P/ASX 200 VIX, which tracks market volatility, increased by 9.34%, reaching 14.46.
In commodities, Gold Futures for June delivery fell by 0.48%, losing $15.23 to $3,150.97 per troy ounce. Crude oil for May delivery dropped 2.58%, or $1.85, to $69.86 per barrel, and June Brent oil decreased by 2.45%, falling $1.84 to $73.11 per barrel.
In currency markets, the AUD/USD remained steady, increasing by 0.16% to 0.63, while the AUD/JPY dropped by 1.68%, to 92.46. The US Dollar Index Futures fell by 0.96% to 102.50.
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