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Australia Stocks Close Higher; S&P/ASX 200 Up 0.12%

Australia stocks ended higher on Monday, with gains observed in the Gold, Consumer Discretionary, and IT sectors, driving the S&P/ASX 200 up by 0.12% at the close of trading in Sydney.

Among the top performers on the S&P/ASX 200 were Kogan.com Ltd (ASX:KGN), which surged by 22.88%, Alumina Ltd (ASX:AWC) with a gain of 7.35%, and Zip Co Ltd (ASX:ZIP) which rose by 6.61% in late trade.

Conversely, Nanosonics Ltd (ASX:NAN) witnessed a decline of 13.10%, followed by TPG Telecom Ltd (ASX:TPG) down by 8.21%, and Iress Ltd (ASX:IRE) declining by 6.14%.

Overall, falling stocks marginally outnumbered advancing ones on the Sydney Stock Exchange, with 624 declining, 571 advancing, and 324 ending unchanged.

Kogan.com Ltd (ASX:KGN) reached a 52-week high during the session, climbing by 22.88%, while Nanosonics Ltd (ASX:NAN) hit a 5-year low, dropping by 13.10%. Zip Co Ltd (ASX:ZIP) also touched a 52-week high, rising by 6.61%.

The S&P/ASX 200 VIX, which measures implied volatility, increased by 2.28% to 11.24.

In commodities trading, Gold Futures for April delivery dipped by 0.32%, while Crude oil for April delivery fell by 0.47%. The AUD/USD pair remained unchanged at 0.66, while the AUD/JPY pair fell by 0.20%.

The US Dollar Index Futures edged up by 0.04% to 103.90.