Australia’s stock market ended the trading session on Wednesday with slight losses, driven by declines in the Gold, IT, and Utilities sectors.
At the close of trading in Sydney, the S&P/ASX 200 index declined by 0.10%.
Among the top performers of the session were G8 Education Ltd, which rose by 3.29%, Whitehaven Coal Ltd, which added 2.66%, and Inghams Group Ltd, which gained 2.56% by the end of the trading day.
On the other hand, the session’s worst performers included Appen Ltd, which fell by 10.53%, South32 Ltd, which declined by 4.33%, and Omni Bridgeway Ltd, which was down by 4.07%.
Overall, declining stocks outnumbered advancing ones on the Sydney Stock Exchange, with 631 stocks ending lower, 542 higher, and 346 remaining unchanged.
The S&P/ASX 200 VIX, which measures market volatility, decreased by 3.62% to reach 10.38, marking a new 1-month low.
In commodities trading, Gold Futures for April delivery slightly increased by 0.04%, while Crude oil for delivery in May fell by 0.28%.
The Australian dollar remained unchanged against the US dollar, while it rose against the Japanese yen.
Meanwhile, the US Dollar Index Futures showed a slight increase of 0.06% at 103.55.
Investors continue to monitor market developments closely amid ongoing economic uncertainties and global events.