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HomeLatestAustralian Stocks Close Higher, S&P/ASX 200 Up 0.53%

Australian Stocks Close Higher, S&P/ASX 200 Up 0.53%

On Monday, Australian stocks concluded the trading session with gains, with the S&P/ASX 200 rising by 0.53%. The positive performance was primarily driven by increases in the A-REITs, Energy, and Healthcare sectors.

At the close in Sydney, the S&P/ASX 200 added 0.53%.

Among the top performers on the S&P/ASX 200 were Appen Ltd (ASX:APX), which surged by 11.61%, Goodman Group (ASX:GMG) rose by 3.93%, and Elders Ltd (ASX:ELD) gained 3.68%.

Conversely, St Barbara Ltd (ASX:SBM) experienced a decline of 7.14%, ALS Ltd (ASX:ALQ) dropped by 4.66%, and NRW Holdings Ltd (ASX:NWH) fell by 3.41%.

On the Sydney Stock Exchange, falling stocks slightly outnumbered advancing ones, with 599 stocks declining, 561 advancing, and 381 remaining unchanged.

Shares in Goodman Group (ASX:GMG) reached a five-year high, climbing by 3.93% to 33.31.

The S&P/ASX 200 VIX, which measures implied volatility, rose by 1.69% to 11.07.

In commodities trading, Gold Futures for April delivery edged up by 0.43% to $2,169.35 per troy ounce. Crude oil for delivery in May increased by 0.64% to $81.15 per barrel, while the June Brent oil contract rose by 0.60% to $85.34 per barrel.

The AUD/USD pair remained unchanged at 0.65, while AUD/JPY rose by 0.09% to 98.75.

The US Dollar Index Futures fell by 0.11% to 104.06.