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HomeLatestAustralia's S&P/ASX 200 Records 0.31% Increase, Led by IT, Utilities, and Financials...

Australia’s S&P/ASX 200 Records 0.31% Increase, Led by IT, Utilities, and Financials Sectors

On Thursday, Australia’s S&P/ASX 200 closed higher, with notable gains in the IT, Utilities, and Financials sectors propelling the index by 0.31%.

Closing in Sydney, the S&P/ASX 200 exhibited positive momentum. Among the top performers on the index were AGL Energy Ltd (ASX:AGL), which surged by 10.21%, or 0.82 points, closing at 8.79. Similarly, Nuix Ltd (ASX:NXL) experienced a 6.33% increase, or 0.10 points, concluding at 1.72, while News Corp B DRC (ASX:NWS) rose by 6.30%, or 2.48 points, finishing at 41.85.

Conversely, Platinum Asset Management Ltd (ASX:PTM) registered a decline of 7.86%, or 0.09 points, reaching 1.05, ranking as one of the worst performers during the session. Appen Ltd (ASX:APX) saw a decrease of 5.17%, or 0.02 points, closing at 0.28, and Rea Group Ltd (ASX:REA) dropped by 3.93%, or 7.23 points, ending at 176.90.

Overall, advancing stocks outnumbered declining ones on the Sydney Stock Exchange, with 593 rising, 524 falling, and 364 remaining unchanged.

Platinum Asset Management Ltd (ASX:PTM) reached an all-time low, falling by 7.86% to 1.05. In contrast, News Corp B DRC (ASX:NWS) reached an all-time high, rising by 6.30% to 41.85.

The S&P/ASX 200 VIX, measuring implied volatility, increased by 0.82% to 11.43.

In commodities trading, Gold Futures for April delivery decreased by 0.19% to $2,047.75 per troy ounce. Crude oil for March delivery rose by 0.26% to $74.05 per barrel, while the April Brent oil contract increased by 0.29% to $79.44 per barrel.

The AUD/USD remained unchanged at 0.65, while AUD/JPY rose by 0.27% to 96.88.

The US Dollar Index Futures experienced a 0.03% decrease, reaching 103.89.