top of page

Title: Australia stocks lower at close of trade; S&P/ASX 200 down 0.83%

  • Writer: analysiswatch
    analysiswatch
  • Mar 8, 2022
  • 1 min read

Mar 08, 2022 02:45AM ET


By: AnalysisWatch


Australian shares were lower after the close on Tuesday as declines in the commodities, metals, mining, and energy sections led stocks down.


At the end of trading in Sydney, the S&P/ASX 200 lost 0.83% and touched a new 1-month low.


St Barbara Ltd. was the strongest performer on the S&P/ASX 200, gaining 12.68%, or 0.18 points, to end at 1.60 at the close. Mesoblast Ltd rose 4.04% or 0.04 points to finish at 1.03 and Westgold Resources Ltd increased 3.81% or 0.09 points to 2.45 in the late trade.


Nickel Mines Ltd. was the poorest performer, dropping 10.61% or 0.18 points to finish at 1.48. Bluescope Steel Ltd declined 8.83% or 1.84 points to end at 18.99, and South32 Ltd dropped 6.53% or 0.35 points to 5.01.


On the Sydney Stock Exchange, declining stocks outnumbered rising ones by 991 to 435, and 379 ended flat.


Westgold Resources Ltd shares surged to a 52-week high, climbing 3.81% or 0.09 to 2.45.


The S& P/ASX 200 VIX, which tracks the implied volatility of S& P/ASX 200 options, increased 1.31% to 18.94.


Gold futures for April delivery increased 1.52%, or $30.40, to $2,026.30 a troy ounce.

Elsewhere in commodity trading, crude oil for April delivery increased 2.48%, or 2.96, to $122.36 a barrel, while the May Brent oil contract gained 3.13%, or 3.86, to $127.07 a barrel.


AUD/USD was steady at 0.36% to 0.73, while AUD/JPY fell 0.27% to 84.14.


US dollar index futures decreased 0.15% to 99.15.

 
 
 

Comments


2b94f773-a237-4da7-a599-6b42314ed9e6.png

Risk Disclosure: AnalysisWatch will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.
AnalysisWatch would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore AnalysisWatch doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

bottom of page