Sydney, Australia – Australia stocks closed higher on Tuesday, driven by gains in the Resources, Metals & Mining, and Materials sectors.
At the close of trading in Sydney, the S&P/ASX 200 index rose by 0.36%.
Among the session’s top performers on the S&P/ASX 200 were Nickel Mines Ltd (ASX:NIC), which surged by 7.43% or 0.06 points to trade at 0.80 by the session’s end. Perenti Global Ltd (ASX:PRN) also showed strength, adding 5.95% or 0.06 points to reach 0.98, while Cromwell Property Group (ASX:CMW) climbed by 4.65% or 0.02 points to 0.45 in late trade.
Conversely, Appen Ltd (ASX:APX) emerged as one of the session’s underperformers, declining by 7.14% or 0.06 points to trade at 0.78 by the close. Polynovo Ltd (ASX:PNV) and Omni Bridgeway Ltd (ASX:OBL) also experienced losses, slipping by 6.38% and 4.96%, respectively.
On the Sydney Stock Exchange, rising stocks outnumbered declining ones by 572 to 559, with 345 ending unchanged.
The S&P/ASX 200 VIX, reflecting the implied volatility of S&P/ASX 200 options, experienced a 5.03% decrease to reach 10.77, marking a new 1-month low.
In commodity markets, Gold Futures for April delivery edged down by 0.13% to $2,161.45 a troy ounce. Additionally, Crude oil for delivery in May fell by 0.19% to hit $82.00 a barrel, while the May Brent oil contract declined by 0.23% to trade at $86.69 a barrel.
The AUD/USD pair remained unchanged at 0.58%, while the AUD/JPY pair rose by 0.19% to 98.03.
Meanwhile, the US Dollar Index Futures climbed by 0.17% to 103.41, rounding out the trading session positively.