Tuesday’s end saw an increase in Australian stocks as the gold, metals & mining, and resources sectors saw gains.
The S&P/ASX 200’s best session performer was Kogan.com Ltd. (ASX:KGN), which increased by 9.14% or 0.32 points to finish at 3.82. Polynovo Ltd (ASX:PNV) was up 6.03% or 0.14 points to 2.46 in late trade, and Resolute Mining Ltd (ASX:RSG) gained 6.52% or 0.02 points to finish at 0.25.
The S&P/ASX 200 increased by 0.47% by market closure in Sydney.
Pointsbet Holdings Ltd. (ASX:PBH), which lost the most during the session—10.31% or 0.15 points—to finish at 1.30, was the worst performer. Adbri Ltd (ASX:ABC) was down 7.07% or 0.13 points to 1.71, and Harvey Norman Holdings Ltd (ASX:HVN) dropped 7.45% or 0.31 points to finish at 3.85.
On the Sydney Stock Exchange, advancing stocks outnumbered declining ones by a margin of 687 to 568, and 397 finished the day unchanged.
Pointsbet Holdings Ltd. (ASX:PBH) stock dropped 10.31% or 0.15 to 1.30, 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 3.98% to 12.83.
The price of gold for April delivery dropped 6.85 points, or 0.38%, to $1,818.05 per precious ounce. In other commodity transactions, the price of April delivery crude oil increased by 0.80% to reach $76.36 per barrel, while the price of the May Brent oil contract increased by 0.78% to $82.68 per barrel.
While AUD/JPY decreased 0.01% to 91.71, AUD/USD remained stable at 0.67, down 0.18%.
At 104.79, the US Dollar Index Futures were up 0.16%.