Australia shares lower at close of trade; S&P/ASX 200 down 0.35%

Source Investing

Investing.com – Australia equities were lower at the close on Monday, as losses in the Metals&Mining, Resources and Materials sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.35%.

The biggest gainers of the session on the S&P/ASX 200 were Pointsbet Holdings Ltd (ASX:PBH), which rose 8.99% or 0.08 points to trade at 0.98 at the close. Omni Bridgeway Ltd (ASX:OBL) added 4.71% or 0.04 points to end at 0.89 and Appen Ltd (ASX:APX) was up 6.15% or 0.15 points to 2.59 in late trade.

Biggest losers included Resolute Mining Ltd (ASX:RSG), which lost 32.84% or 0.22 points to trade at 0.45 in late trade. Champion Iron Ltd (ASX:CIA) declined 9.76% or 0.61 points to end at 5.64 and Iluka Resources Ltd (ASX:ILU) shed 7.89% or 0.46 points to 5.37.

Declining stocks outnumbered rising ones by 616 to 492 and 487 ended unchanged on the Sydney Stock Exchange.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 0.67% to 11.25.

In commodities trading, Gold Futures for December delivery was down 0.70% or 18.90 to $2,675.90 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.44% or 0.31 to hit $70.07 a barrel, while the January Brent oil contract fell 0.35% or 0.26 to trade at $73.61 a barrel.

AUD/USD was unchanged 0.21% to 0.66, while AUD/JPY rose 0.69% to 101.29.

The US Dollar Index Futures was up 0.10% at 105.00.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Japanese Yen rallies to February 18 high as upbeat wage data and GDP lift BoJ hike betsThe USD/JPY pair declines for the second straight day – also marking the fourth day of a fall in the previous five – and sinks to its lowest level since February 18, around mid-153.00s during the Asian session on Tuesday.
Author  FXStreet
Sep 08, Tue
The USD/JPY pair declines for the second straight day – also marking the fourth day of a fall in the previous five – and sinks to its lowest level since February 18, around mid-153.00s during the Asian session on Tuesday.
placeholder
US dollar clings to nine-week lows near 98.4 as Brent nears $100 and the yen hits a seven-month high — five events to watch todayThe dollar is pinned near nine-week lows even after a blockbuster jobs report, as an oil spike toward $100, a surging yen and China's reflation data crowd the driver's seat. Five key events to watch today: Brent at $99.46, USD/JPY at 154, China CPI/PPI, PBOC gold buying, and Thursday's PPI / Friday's CPI ahead of the September 15-16 FOMC.
Author  Eric Nkando
Sep 09, Wed
The dollar is pinned near nine-week lows even after a blockbuster jobs report, as an oil spike toward $100, a surging yen and China's reflation data crowd the driver's seat. Five key events to watch today: Brent at $99.46, USD/JPY at 154, China CPI/PPI, PBOC gold buying, and Thursday's PPI / Friday's CPI ahead of the September 15-16 FOMC.
placeholder
Brent holds above $100 as tanker attacks tighten supply — but four forces are capping the rallyBrent crude is holding above $100 a barrel for a second session, its first close above the level since late July, as tanker attacks near the Strait of Hormuz squeeze an already tight physical market. Yet the rally has been gradual: 8.3 mb/d of Gulf output is still shut in, diesel is at a record, and forecasts now range from $74 to $100.
Author  Irene Q.
Sep 10, Thu
Brent crude is holding above $100 a barrel for a second session, its first close above the level since late July, as tanker attacks near the Strait of Hormuz squeeze an already tight physical market. Yet the rally has been gradual: 8.3 mb/d of Gulf output is still shut in, diesel is at a record, and forecasts now range from $74 to $100.
placeholder
US August CPI lands tonight: after a 5.4% PPI shock, will the Fed hike on September 16?US August PPI came in at 5.4% year-on-year, above the 5.3% consensus, with core PPI at 4.6%. Traders have pushed the odds of a 25bp Fed hike on September 15-16 to around 70%. Tonight's CPI is the last major inflation print before the decision — here is the full calendar, the consensus numbers, and what a hot versus cool reading would mean for the dollar, yields, gold and stocks.
Author  Irene Q.
Sep 11, Fri
US August PPI came in at 5.4% year-on-year, above the 5.3% consensus, with core PPI at 4.6%. Traders have pushed the odds of a 25bp Fed hike on September 15-16 to around 70%. Tonight's CPI is the last major inflation print before the decision — here is the full calendar, the consensus numbers, and what a hot versus cool reading would mean for the dollar, yields, gold and stocks.
placeholder
Gold Price Forecast: PPI and Oil Prices Fuel Inflation Concerns, Can CPI Change Gold's Direction?As of the Asian session on September 11, gold prices (XAUUSD) remained in weak consolidation today after dropping sharply to near $4,300 on Thursday, with the latest price trading around
Author  TradingKey
Sep 11, Fri
As of the Asian session on September 11, gold prices (XAUUSD) remained in weak consolidation today after dropping sharply to near $4,300 on Thursday, with the latest price trading around
goTop
quote