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Australian Stocks Finish Higher at Close of Trade; S&P

2024-06-12kvbkvb
On Friday's close, Australian stocks ended higher with notable gains in sectors like Consumer Discretionary, A-REITs, and IT driving the market up.

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On Friday's close, Australian stocks ended higher with notable gains in sectors like Consumer Discretionary, A-REITs, and IT driving the market up. The S&P/ASX 200 in Sydney rose by 0.55% by the close.


Among the top performers were Star Entertainment Group Ltd (ASX: SGR), climbing 6.71% to 0.44, followed by Omni Bridgeway Ltd (ASX: OBL) rising 6.02% to 1.15, and Healius Ltd (ASX: HLS) gaining 4.55% to 1.15.


Conversely, St Barbara Ltd (ASX: SBM) was among the session's worst performers, dropping 6.73% to 0.24. Evolution Mining Ltd (ASX: EVN) fell 5.57% to 3.73, and Resolute Mining Ltd (ASX: RSG) was down 3.45% to 0.42.


In terms of market breadth, advancing stocks outnumbered declining ones on the Sydney Stock Exchange, with 617 gaining, 514 declining, and 454 unchanged.


The S&P/ASX 200 VIX, indicating the implied volatility of S&P/ASX 200 options, saw a slight uptick of 0.68% to 11.73.


Gold Futures for June delivery saw a marginal increase of 0.02% to $2,310.15 per troy ounce, while Crude oil for June delivery rose 0.22% to $79.12 a barrel, and the July Brent oil contract increased 0.20% to $83.84 a barrel in commodities trading.


The AUD/USD remained steady, showing no change at 0.66%, while the AUD/JPY fell by 0.25% to 100.62.


The US Dollar Index Futures experienced a minor decline of 0.03% to 105.15.

Paraphrasing text from "Investing" all rights reserved by the original author.

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