Title: Australia stocks lower at close of trade; S&P/ASX 200 down 0.69%

May 26, 2022 03:45AM ET

By: AnalysisWatch

Australian shares fell after Thursday's close, with losses in the gold, consumer goods and utilities sectors.

At the close in Sydney, the S&P/ASX 200 index was down 0.69%.

The best performer of the session on the S&P/ASX 200 was Append Ltd, which rose 29.22% or 1.87 points to 8.27 at the close. Meanwhile, ALS Ltd added 6.08% or 0.73 points to close at 12.74 and Points bet Holdings Ltd rose 5.04% or 0.12 points to 2.50 at the close.

The worst performer of the session was Resolute Mining Ltd, which lost 6.45% or 0.02 points to close at 0.29 points. Nano Sonics Ltd fell 5.68% or 0.22 points to close at 3.65 and TABCORP Holdings Ltd fell 5.39% or 0.06 points to 0.96.

Falling shares outnumbered rising shares on the Sydney Stock Exchange by 745 to 596 and 420 closed unchanged.

TABCORP Holdings Ltd shares fell to a five-year low, down 5.39% or 0.06 points to 0.96.

The S&P/ASX 200 VIX Index, which measures the implied volatility of options on the S&P/ASX 200, fell 3.28% to 15.69.

Gold futures for June delivery rose 0.14%, or 2.58%, to $1,848.88 per troy ounce. In other commodity trading, crude oil for July delivery rose 0.78% or 0.86 to $111.19 per barrel, while the Brent contract for August rose 0.51% or 0.57 to $111.69 per barrel.

AUD/USD was unchanged 0.03% at 0.71, while AUD/JPY fell 0.38% to 89.96.

US dollar index futures fell 0.08% to 102.00.