Australia’s stock market witnessed a downturn at the close of trading on Monday, with the S&P/ASX 200 experiencing a 0.22% decrease. The decline was notably influenced by losses in the A-REITs, Utilities, and Consumer Staples sectors.
At the close in Sydney, the S&P/ASX 200 index lost 0.22%. Among the notable gainers during the session were Adbri Ltd (ASX:ABC), marking a significant 32.16% increase, Link Administration Holdings Ltd (ASX:LNK) with a rise of 27.65%, and Tabcorp Holdings Ltd (ASX:TAH) climbing by 23.81%.
Conversely, the worst performers included Omni Bridgeway Ltd (ASX:OBL), witnessing a 4.14% drop, Perenti Global Ltd (ASX:PRN) declining by 4.13%, and Kogan.com Ltd (ASX:KGN) experiencing a 4.06% decrease.
The overall market sentiment showed a prevalence of falling stocks, outnumbering advancing ones on the Sydney Stock Exchange, with 674 declining, 529 advancing, and 354 remaining unchanged.
Shares in Adbri Ltd (ASX:ABC) reached 52-week highs, gaining 32.16% to close at 3.00.
The S&P/ASX 200 VIX, measuring the implied volatility of S&P/ASX 200 options, increased by 3.19% to 10.18.
In the commodities market, Gold Futures for February delivery increased by 0.06% to $2,036.90 per troy ounce. Crude oil for delivery in February rose by 0.54% to $72.17 a barrel, while the February Brent oil contract rose by 0.51% to trade at $76.94 a barrel.
Currency-wise, AUD/USD remained unchanged at 0.67, while AUD/JPY rose by 0.22% to 95.42. The US Dollar Index Futures experienced a 0.10% decrease, settling at 102.08.