Jul 11, 2022 03:45AM ET
By: AnalysisWatch
Australian shares were down after the close on Monday as losses in the metals and mining, commodities and gold sectors led stocks lower.
At the close in Sydney, the S&P/ASX 200 was down 1.14%.
Among the best performers on the S&P/ASX 200 were Omni Bridgeway Ltd, which rose 3.49% or 0.13 points to trade at 3.86 at the close. Meanwhile, Suncorp Group Ltd gained 1.81% or 0.20 points to close at 11.25 and Vicinity Centres Re Ltd rose 1.60% or 0.03 points to 1.90 in late trade.
EML Payments Ltd was the worst performer, falling 24.61% or 0.32 points to close at 0.96. Pointsbet Holdings Ltd fell 9.49% or 0.26 points to close at 2.48, while Costa Group Holdings Ltd slipped 7.99% or 0.23 points to 2.65.
On the Sydney Stock Exchange, falling shares outweighed rising ones with 877 to 451 and 360 ended unchanged.
Shares of EML Payments Ltd fell to a 5-year low, down 24.61% or 0.32 to 0.96, while shares of Costa Group Holdings Ltd fell to a 52-week low, down 7.99% or 0.23 to 2.65.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, rose 4.33% to 17.96.
Gold futures for August delivery fell 0.39%, or 6.85, to $1,735.45 a troy ounce. Elsewhere in commodity trading, crude oil for August delivery fell 2.08%, or 2.18, to $102.61 a barrel, while the September contract for Brent crude fell 1.85%, or 1.98, to $105.04 a barrel.
AUD/USD was unchanged by 0.72% to 0.68, while AUD/JPY fell by 0.23% to 93.09.
US dollar index futures rose 0.49% to 107.35.