Australia’s stock market witnessed a modest decline at the close of trading on Wednesday, with losses primarily observed in the Consumer Staples, Telecoms Services, and Financials sectors.
The S&P/ASX 200 ended the day with a marginal decrease of 0.03% in Sydney.
Among the top performers on the S&P/ASX 200 were Appen Ltd (ASX:APX), which surged by 21.65%, Zip Co Ltd (ASX:ZIP) with a gain of 14.38%, and Nextdc Ltd (ASX:NXT) rising by 13.39%.
Conversely, Healius Ltd (ASX:HLS) experienced a decline of 6.72%, Fortescue Metals Group Ltd (ASX:FMG) fell by 5.52%, and Reece Ltd (ASX:REH) was down by 4.25%.
Overall, advancing stocks slightly outnumbered declining ones on the Sydney Stock Exchange, with 598 rising, 574 falling, and 344 remaining unchanged.
Healius Ltd (ASX:HLS) reached a five-year low, dropping 6.72% to 1.18. In contrast, Nextdc Ltd (ASX:NXT) achieved an all-time high, surging 13.39% to 17.19.
Commodities saw Gold Futures for April delivery decline by 0.22%, reaching $2,039.55 per troy ounce. Crude oil for April delivery fell by 0.39% to $78.56 per barrel, while the May Brent oil contract dropped 0.35% to $82.37 per barrel.
The Australian Dollar to US Dollar (AUD/USD) remained unchanged at 0.65, and the Australian Dollar to Japanese Yen (AUD/JPY) fell by 0.34% to 98.15.
The US Dollar Index Futures increased by 0.13% to 103.89.