Title: Australia stocks lower at close of trade; S&P/ASX 200 down 1.14%
Jul 11, 2022 03:45AM ET
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.