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Australian stocks fell at the end of trading; the S&P/ASX 200 fell by 0.09%.

After the market closed on Wednesday, Australian equities fell as a result of losses in the telecom services, A-REITs, and financials sectors.

The S&P/ASX 200 decreased by 0.09% at the Sydney market closure.

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The S&P/ASX 200’s best session performer was Pointsbet Holdings Ltd. (ASX:PBH), which increased by 9.96% or 0.13 points to finish at 1.44. Resolute Mining Ltd. (ASX:RSG) was up 6.12% or 0.02 points to 0.26 in late activity, and Ramelius Resources Ltd. (ASX:RMS) gained 6.7% or 0.06 points to close at 0.95.

Link Administration Holdings Ltd (ASX:LNK), which lost the most during the session—5.68% or 0.13 points—to finish at 2.16, was the worst performer. Omni Bridgeway Ltd (ASX:OBL) was down 4.95% or 0.15 points to 2.88, while Polynovo Ltd (ASX:PNV) fell 5.28% or 0.13 points to close at 2.33.

On the Sydney Stock Exchange, declining stocks outnumbered advancing ones by a margin of 671 to 608, and 367 finished unchanged.

Shares of Omni Bridgeway Ltd. (ASX:OBL) dropped by 4.95% or 0.15 to $2.88, reaching 52-week lows.

The expected volatility of S&P/ASX 200 options is measured by the S&P/ASX 200 VIX, which decreased by 4.72% to 12.22.

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The price of gold for April delivery increased 0.23%, or 4.20 cents, to $1,840.90 per precious ounce. In other commodity transactions, the price of April delivery crude oil increased by 0.73% or 0.56 to reach $77.61 per barrel, while the price of the May Brent oil contract increased by 0.70% or 0.58 to reach $84.03 per barrel.

While the AUD/USD exchange rate remained stable at 0.68, the AUD/JPY increased by 0.52% to 92.12.

At 104.60, the US Dollar Index Futures were down 0.21%.

 

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