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HomeLatestAustralia Stocks Close Lower; S&P/ASX 200 Down 0.07%

Australia Stocks Close Lower; S&P/ASX 200 Down 0.07%

Australia stocks experienced a decline at the close of Thursday’s trading session, with the S&P/ASX 200 falling by 0.07%. The dip was led by losses in sectors such as Consumer Discretionary, Healthcare, and Financials.

Top performers on the S&P/ASX 200 included Zip Co Ltd (ASX:ZIP), which saw a significant rise of 25.00%, and Perpetual Ltd (ASX:PPT), gaining 6.90%. Magellan Financial Group Ltd (ASX:MFG) also recorded a positive movement, up by 4.34%.

However, Resolute Mining Ltd (ASX:RSG) and Star Entertainment Group Ltd (ASX:SGR) were among the worst performers, falling by 4.49% and 4.02%, respectively. NIB Holdings (ASX:NHF) also experienced a decline of 3.88%.

The overall market sentiment showed more declining stocks (707) than advancing ones (520), with 321 ending unchanged on the Sydney Stock Exchange.

In the commodities market, Gold Futures for February delivery slightly decreased, while Crude oil for January delivery and February Brent oil registered increases.

The AUD/USD remained unchanged at 0.65, while AUD/JPY fell by 0.60% to 95.89. The US Dollar Index Futures showed a minor increase of 0.04% at 104.15.