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Australia’s S&P/ASX 200 Index Closes 0.67% Lower

Australia’s S&P/ASX 200 index closed 0.67% lower on Monday, with losses in the IT, Energy, and Telecoms Services sectors leading the market lower.

At the close of trading in Sydney, the S&P/ASX 200 was down 0.67%.

The best-performing stocks on the S&P/ASX 200 included St Barbara Ltd, which rose 7.89% to 0.21, Westgold Resources Ltd, which gained 1.95% to 1.83, and ASX Ltd, which was up 1.54% to 56.59.

Conversely, the worst-performing stocks included Silver Lake Resources Ltd, which fell 8.33% to 0.88, Zip Co Ltd, which declined 6.25% to 0.30, and Omni Bridgeway Ltd, which was down 6.25% to 1.88.

Falling stocks outnumbered rising ones on the Sydney Stock Exchange, with 797 declining, 460 advancing, and 390 remaining unchanged.

Westgold Resources Ltd reached a 52-week high, rising 1.95% to 1.83, while Omni Bridgeway Ltd hit a 5-year low, falling 6.25% to 1.88.

The S&P/ASX 200 VIX, which measures implied volatility, rose 1.01% to 12.25.

In commodities trading, December Gold Futures rose 0.01% to $1,946.35 per troy ounce, while November Crude oil futures rose 0.34% to $90.33 per barrel. November Brent oil contracts also rose 0.28% to $94.19 per barrel.

The AUD/USD remained unchanged at 0.64, while the AUD/JPY fell 0.16% to 95.06.

The US Dollar Index Futures declined 0.03% to 104.96.