On Tuesday, Australian stocks closed higher, driven by gains in the A-REITs, Consumer Discretionary, and Healthcare sectors. The S&P/ASX 200 rose by 0.35% at the close in Sydney.
Leading the session's gains on the S&P/ASX 200 were Pointsbet Holdings Ltd (ASX:PBH), surging by 15.91% or 0.07 points to reach 0.51 by the closing bell. Additionally, IGO Ltd (ASX:IGO) climbed by 6.38% or 0.47 points to finish at 7.84, while TPG Telecom Ltd (ASX:TPG) saw a 3.44% increase, adding 0.15 points to trade at 4.51 late in the day.
Conversely, the session's worst performers included Mesoblast Ltd (ASX:MSB), dropping by 8.29% or 0.09 points to 1.00 at the close. Worley Ltd (ASX:WOR) fell by 7.17% or 1.17 points, settling at 15.14, and St Barbara Ltd (ASX:SBM) declined by 5.36% or 0.02 points, closing at 0.26.
On the Sydney Stock Exchange, falling stocks outnumbered advancing ones, with 632 declines, 557 advances, and 425 remaining unchanged.
Pointsbet Holdings Ltd (ASX:PBH) shares hit a 3-year low but managed to rise by 15.91% or 0.07 to 0.51.
The S&P/ASX 200 VIX, reflecting the implied volatility of S&P/ASX 200 options, decreased by 2.31% to 11.83.
In commodities trading, Gold Futures for June delivery dropped by 1.12% or 26.45 to $2,331.25 per troy ounce. Crude oil for June delivery fell by 0.25% or 0.21 to $82.42 per barrel, while the July Brent oil contract decreased by 0.23% or 0.20, trading at $87.00 per barrel.
The AUD/USD remained unchanged at 0.73%, reaching 0.65, while the AUD/JPY fell by 0.43% to 102.22.
The US Dollar Index Futures increased by 0.34%, reaching 105.81.
Paraphrasing text from "Investing" all rights reserved by the original author.
