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Australia shares lower at close of trade; S&P/ASX 200 down 0.64%

Published 06/12/2024, 05:30
© Reuters Australia shares lower at close of trade; S&P/ASX 200 down 0.64%
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Investing.com – Australia equities were lower at the close on Friday, as losses in the Energy, Consumer Discretionary and Gold sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.64%.

The biggest gainers of the session on the S&P/ASX 200 were Kogan.com Ltd (ASX:KGN), which rose 4.97% or 0.27 points to trade at 5.70 at the close. Nine Entertainment Co Holdings Ltd (ASX:NEC) added 2.40% or 0.03 points to end at 1.28 and Bapcor Ltd (ASX:BAP) was up 2.18% or 0.10 points to 4.68 in late trade.

Biggest losers included Iluka Resources Ltd (ASX:ILU), which lost 10.04% or 0.55 points to trade at 4.93 in late trade. Magellan Financial Group Ltd (ASX:MFG) declined 8.87% or 1.06 points to end at 10.89 and Zip Co Ltd (ASX:ZIP) shed 7.37% or 0.25 points to 3.14.

Declining stocks outnumbered rising ones by 596 to 425 and 396 ended unchanged on the Sydney Stock Exchange.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.28% to 10.12.

In commodities trading, Gold Futures for February delivery was up 0.59% or 15.51 to $2,663.91 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.01% or 0.01 to hit $68.31 a barrel, while the February Brent oil contract fell 0.06% or 0.04 to trade at $72.05 a barrel.

AUD/USD was unchanged 0.33% to 0.64, while AUD/JPY fell 0.41% to 96.44.

The US Dollar Index Futures was up 0.11% at 105.82.

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