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Title: Australia stocks lower at close of trade; S&P/ASX 200 down 1.21%

Aug 23, 2022 03:45AM ET

By: AnalysisWatch

Australian stocks fell after the close on Tuesday as equities lost ground in the consumer goods, financials and healthcare sectors.

At the close of trading in Sydney, the S&P/ASX 200 index was down 1.21%.

Altium Ltd. was the best performer during the session, rising 19.75%, or 5.91 points, to close at 35.84.

Meanwhile, Ansell Ltd. added 8.59%, or 2.16 points, to close at 27.30 and Monadelphous Group Ltd. rose 5.86%, or 0.67 points, to close trading at 12.11.

EML Payments Ltd was the worst performer during the session, falling 11.56%, or 0.13 points, to close trading at 0.99 points. Ltd dropped 6.58%, or 0.25 points, to end at 3.55 points, and Nuix Ltd fell 6.47%, or 0.05 points, to close at 0.65 points.

On the Sydney Stock Exchange, declining shares outnumbered rising ones by 932 to 437, and 377 ended unchanged.

The S&P/ASX 200 VIX index, which measures implied volatility of S&P/ASX 200 options, increased 6.61% to 14.30 points.

Gold futures for December delivery rose 0.11%, or $2.40, to $1,750.40 a troy ounce. Elsewhere in commodities trading, crude oil for October delivery rose 1.39%, or 1.26, to close at $91.62 a barrel, while the October Brent crude oil contract rose 1.09%, or 1.05, to trade at $97.53 a barrel.

The AUD/USD exchange rate remained unchanged at 0.12% to 0.69, while the AUD/JPY exchange rate fell 0.06% to 94.45.

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