Aug 22, 2022 03:45AM ET
By: AnalysisWatch
Australia stocks were lower after the close on Monday, as losses in the Gold, Consumer Discretionary and IT sectors led shares lower.
At the close in Sydney, the S&P/ASX 200 lost 0.95%.
The best performers of the session on the S&P/ASX 200 were NIB Holdings (ASX:NHF), which rose 7.02% or 0.51 points to trade at 7.78 at the close. Meanwhile, EML Payments Ltd (ASX:EML) added 6.13% or 0.07 points to end at 1.12 and Nearmap Ltd (ASX:NEA) was up 5.34% or 0.11 points to 2.07 in late trade.
The worst performers of the session were Adbri Ltd (ASX:ABC), which fell 16.92% or 0.45 points to trade at 2.21 at the close. Magellan Financial Group Ltd (ASX:MFG) declined 9.91% or 1.43 points to end at 13.00 and Ramelius Resources Ltd (ASX:RMS) was down 7.22% or 0.07 points to 0.90.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 966 to 443 and 362 ended unchanged.
Shares in Adbri Ltd (ASX:ABC) fell to 52-week lows; losing 16.92% or 0.45 to 2.21.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 6.36% to 13.41.
Gold Futures for December delivery was down 0.69% or 12.10 to $1,750.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.66% or 1.50 to hit $88.94 a barrel, while the October Brent oil contract fell 1.63% or 1.58 to trade at $95.14 a barrel.
AUD/USD was unchanged 0.35% to 0.69, while AUD/JPY rose 0.28% to 94.36.
The US Dollar Index Futures was up 0.16% at 108.27.
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