The Australian stock market concluded the trading session on a downturn this Monday, marked by a 0.50% decrease in the S&P/ASX 200 index. The dip was primarily attributed to losses incurred in the Metals & Mining, IT, and Healthcare sectors.
At the close in Sydney, the S&P/ASX 200 recorded a 0.50% decline.
Among the session’s top performers on the S&P/ASX 200 were Nuix Ltd (ASX:NXL), which experienced a 4.37% increase or 0.09 points, closing at 2.15. Idp Education Ltd (ASX:IEL) also demonstrated strength, rising by 2.82% or 0.57 points to conclude the day at 20.79, while Silver Lake Resources Ltd (ASX:SLR) experienced a gain of 2.43%, closing at 1.16 during the late trade.
On the flip side, the session witnessed notable declines, with Appen Ltd (ASX:APX) leading the losses with a 14.04% drop or 0.08 points, closing at 0.49. Magellan Financial Group Ltd (ASX:MFG) followed suit with a 7.67% decline, concluding the day at 8.91, and Zip Co Ltd (ASX:ZIP) saw a 5.80% decrease or 0.03 points, closing at 0.53.
The Sydney Stock Exchange reflected a higher number of falling stocks, totaling 804, in comparison to 393 advancing ones, with 373 remaining unchanged.
Nuix Ltd (ASX:NXL) achieved a 52-week high, witnessing a 4.37% increase to 2.15, while Appen Ltd (ASX:APX) set a new all-time low, experiencing a significant 14.04% decline to 0.49.
The S&P/ASX 200 VIX, gauging the implied volatility of S&P/ASX 200 options, registered a 6.05% increase, reaching a new 1-month high at 11.48.
In commodities trading, Gold Futures for February delivery saw a 0.40% decrease, settling at $2,041.65 per troy ounce. Meanwhile, Crude oil for February delivery experienced a 1.35% decline, amounting to a loss of 1.00 and settling at $72.81 per barrel, with the March Brent oil contract falling 1.23% or 0.97 points, closing at $77.79 per barrel.
The AUD/USD exchange rate remained stable, with a marginal 0.20% change to 0.67, while the AUD/JPY fell by 0.37% to 96.76.
The US Dollar Index Futures showed a slight increase of 0.08%, reaching 102.21.