On Monday, the Australian stock market experienced a decline, with the S&P/ASX 200 index losing 0.95%. The downward trend was primarily attributed to losses in the Gold, Metals & Mining, and Materials sectors.
Among the top performers on the S&P/ASX 200 was Zip Co Ltd (ASX:ZIP), witnessing a rise of 7.91% at the close. Pro Medicus Ltd (ASX:PME) also demonstrated strength with a 4.11% increase, while Wisetech Global Ltd (ASX:WTC) climbed by 3.02%.
Conversely, Silver Lake Resources Ltd (ASX:SLR) experienced a significant decline of 11.86%, leading the list of worst performers. Resolute Mining Ltd (ASX:RSG) fell by 8.33%, and Ramelius Resources Ltd (ASX:RMS) dropped 7.32%.
Market breadth favored declining stocks, with 830 falling, 384 advancing, and 301 remaining unchanged on the Sydney Stock Exchange.
The S&P/ASX 200 VIX, reflecting the implied volatility of S&P/ASX 200 options, increased by 4.33% to reach a new 1-month high at 12.52.
In the commodities market, Gold Futures for April delivery decreased by 0.30%, while Crude oil for March delivery rose by 0.57%. The April Brent oil contract increased by 0.67%.
The currency market saw AUD/USD unchanged at 0.65, while AUD/JPY fell 0.07% to 96.58.
The US Dollar Index Futures posted a 0.12% gain, closing at 103.91.