On Tuesday, Australia’s stocks closed slightly lower, with the S&P/ASX 200 falling by 0.08%. The decline was attributed to losses in the Metals & Mining, Resources, and Materials sectors.
At the close in Sydney, the S&P/ASX 200 fell 0.08%. Among the best performers were Appen Ltd (ASX:APX), rising by 15.71%, Nuix Ltd (ASX:NXL), up by 13.08%, and ARB Corporation Ltd (ASX:ARB), which increased by 9.87%.
Conversely, the worst performers included Star Entertainment Group Ltd (ASX:SGR), declining by 19.64%, Sims Metal Management Ltd (ASX:SGM), down 9.65%, and Sonic Healthcare Ltd (ASX:SHL), which fell by 7.57%.
Falling stocks slightly outnumbered advancing ones on the Sydney Stock Exchange, with 628 declining, 544 advancing, and 374 remaining unchanged.
Star Entertainment Group Ltd (ASX:SGR) reached all-time lows, falling by 19.64% to 0.45. Meanwhile, ARB Corporation Ltd (ASX:ARB) rose to 52-week highs, increasing by 9.87% to 39.30.
The S&P/ASX 200 VIX, measuring the implied volatility of S&P/ASX 200 options, decreased by 3.23% to 10.90.
In commodity trading, Gold Futures for April delivery increased by 0.03% to $2,030.10 a troy ounce. Crude oil for delivery in April rose by 0.18% to $78.36 a barrel, while the April Brent oil contract fell by 0.11% to $83.47 a barrel.
In currency markets, AUD/USD remained unchanged at 0.65, while AUD/JPY remained unchanged at 98.19. The US Dollar Index Futures increased by 0.14% to 104.29.