Australian Stock Market Closes Higher: S&P/ASX 200 Rises by 0.37%
Australia’s stock market closed higher on Friday with the S&P/ASX 200 index up 0.37%. The gains were driven by the A-REITs, Gold, and Metals & Mining sectors. Among the best performers were Ramelius Resources Ltd, Inghams Group Ltd, and Pilbara Minerals Ltd, while Virgin Money PLC, Silver Lake Resources Ltd, and Adbri Ltd were among the worst performers.
Falling stocks were slightly more than advancing ones on the Sydney Stock Exchange, with 636 falling, 633 rising, and 434 ending unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.40% to 13.42. Meanwhile, Gold Futures for June delivery fell 0.36% to $2,048.35 a troy ounce, while Crude oil for delivery in June rose 1.47% to $69.57 a barrel, and the July Brent oil contract increased 1.57% to trade at $73.64 a barrel. The AUD/USD remained unchanged at 0.67, and the AUD/JPY increased 0.48% to 90.31. Lastly, the US Dollar Index Futures was down 0.17% at 101.01.