Feb 21, 2022 02:45AM ET
By: AnalysisWatch
Australian stocks were higher after the close on Monday as gains in the utilities, consumer goods, and telecoms sectors led shares higher.
At the Sydney close, the S & P/ASX 200 was up 0.16%.
A2 Milk Company Ltd was the best performer in the S&P/ASX 200 session, rising 11.13% or 0.59 points to close at 5.89 points. Meanwhile, AGL Energy Ltd added 10.61% or 0.76 points to close at 7.92 points and Chorus Ltd rose 9.94% or 0.62 points to 6.86 points in late afternoon trading.
The worst performers of the session were Pointsbet Holdings Ltd, which fell 11.11%, or 0.50 points, to close at 4.00 points. Super Retail Group Ltd fell 9.49%, or 1.22 points, to close at 11.63 points and Zip Co Ltd fell 7.78%, or 0.20 points, to close at 2.37 points.
On the Sydney Stock Exchange, falling shares outnumbered rising shares 922 to 520, and 379 shares finished unchanged.
Shares of Pointsbet Holdings Ltd fell 11.11%, or 0.50 points, to 4.00, a 52-week low. Co Ltd fell to a 52-week low, losing 7.78% or 0.20 points to 2.37.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, fell 3.30% to 16,050.
Gold futures for April delivery fell 0.35%, or 6.70, to $1,893.10 a troy ounce. Elsewhere in trade, April crude for delivery fell 0.60%, or 0.54, to $89.67 a barrel, while the May contract for Brent crude fell 0.47%, or 0.43, to trade at $90.96 a barrel.
The AUD/USD pair rose 0.59% to 0.7215 and the AUD/JPY pair rose 0.66% to 82.94.
US dollar index futures fell 0.28%, to 95,750 points.
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