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Home News Australia’s Stock Market Reports a 0.21% Gain in S&P/ASX 200

Australia’s Stock Market Reports a 0.21% Gain in S&P/ASX 200

by sun

The standout performers on the S&P/ASX 200 for the session were Silver Lake Resources Ltd (ASX: SLR), which recorded an impressive 7.69% surge, adding 0.08 points and closing at 1.05. Champion Iron Ltd (ASX: CIA) also showed strength, rising by 6.93% or 0.45 points, ending the day at 6.94. Furthermore, Alumina Ltd (ASX: AWC) made noteworthy gains, with a 5.19% increase, adding 0.04 points to reach 0.81 by the close of trading.

Conversely, Kogan.com Ltd (ASX: KGN) experienced a 7.53% drop, losing 0.35 points and closing at 4.30. Brambles Ltd (ASX: BXB) was down by 5.65%, shedding 0.79 points to end at 13.19, while EML Payments Ltd (ASX: EML) saw a 5.58% decline, resulting in a loss of 0.07 points, closing at 1.10.

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During the trading session, rising stocks outnumbered declining ones on the Sydney Stock Exchange, with 618 stocks on the upswing, 572 on the downswing, and 368 remaining unchanged.

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The S&P/ASX 200 VIX, a gauge of the implied volatility of S&P/ASX 200 options, saw an increase of 2.23% to reach 14.00.

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In the commodities market, Gold Futures for December delivery rose by 0.07%, an increase of 1.30 points, closing at $1,998.70 per troy ounce. Meanwhile, in Crude oil trading for December delivery, a 1.74% gain was observed, with a rise of 1.45 points, pushing the price to $84.66 per barrel. The December Brent oil contract also exhibited a 1.71% increase, adding 1.50 points and trading at $89.43 per barrel.

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The AUD/USD exchange rate remained unchanged at 0.63, while the AUD/JPY pair witnessed a 0.16% increase, reaching 95.24.

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The US Dollar Index Futures experienced a minor dip of 0.07%, closing at 106.35.

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