Australia stocks higher at close of trade; S&P/ASX 200 up 0.00%

Aug 28,2024

Australia stocks higher at close of trade; S&P/ASX 200 up 0.00%
Australia stocks higher at close of trade; S&P/ASX 200 up 0.00%

Investing.com – Australia stocks were higher after the close on Wednesday, as gains in the Consumer Staples, Financials and A-REITs sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.00%.

The best performers of the session on the S&P/ASX 200 were Zip Co Ltd (ASX:ZIP), which rose 13.88% or 0.29 points to trade at 2.38 at the close. Meanwhile, Perseus Mining Ltd (ASX:PRU) added 5.71% or 0.15 points to end at 2.68 and Resmed Inc DRC (ASX:RMD) was up 5.00% or 1.68 points to 35.26 in late trade.

The worst performers of the session were Tabcorp Holdings Ltd (ASX:TAH), which fell 16.37% or 0.09 points to trade at 0.47 at the close. EML Payments Ltd (ASX:EML) declined 7.74% or 0.06 points to end at 0.72 and Star Entertainment Group Ltd (ASX:SGR) was down 5.15% or 0.03 points to 0.46.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 634 to 500 and 413 ended unchanged.

Shares in Zip Co Ltd (ASX:ZIP) rose to 52-week highs; gaining 13.88% or 0.29 to 2.38. Shares in Tabcorp Holdings Ltd (ASX:TAH) fell to 5-year lows; losing 16.37% or 0.09 to 0.47. Shares in EML Payments Ltd (ASX:EML) fell to 52-week lows; losing 7.74% or 0.06 to 0.72. Shares in Resmed Inc DRC (ASX:RMD) rose to 52-week highs; gaining 5.00% or 1.68 to 35.26.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.81% to 11.12 a new 1-month low.

Gold Futures for December delivery was down 0.37% or 9.40 to $2,543.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.11% or 0.08 to hit $75.61 a barrel, while the November Brent oil contract rose 0.09% or 0.07 to trade at $78.73 a barrel.

AUD/USD was unchanged 0.07% to 0.68, while AUD/JPY rose 0.34% to 98.11.

The US Dollar Index Futures was up 0.37% at 100.82.

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