The Suncorp ASX 200 index fell by 2.11% on Friday by the close in Sydney because Australian stocks also closed lower. The REIT and Information Technology sectors have had a greater impact.
Wesstgold Resources Ltd., Barbara Ltd., and Resolute Mining Ltd. were on the top gainers which rose 4.91% to AUD 2.78, 2.22% to AUD 0.23, and 1.54% to AUD 0.66 respectively. The biggest losers included Domino’s Pizza Enterprises Ltd which dropped 9.16% to AUD 29.59, Champion Iron Ltd, which declined 7.03% to AUD 5.95, and Polynovo Ltd. which fell 6.62% to AUD 2.54.
Australian market saw 833 points decline, 289 advanced, and 396 remain unchanged on the Sydney Stock Exchange. Westgold Resources. Ltd breaks a 3-year record to reach a high at AUD 2.78, and Domino’s Pizza Enterprises Ltd. falls 5 years at AUD 29.59. The S&P/ASX 200 VIX, measuring implied volatility, increased by 14.09% to 13.07, at a 3-month high.
In the Australian Commodities market, December delivery of Gold rose 1.17% to USD 2509.75 per troy ounce. While Crude oil September delivery rose by 0.79% to USD 76.91 per barrel, 0.74% October Brent oil contract went which is 80.11 per barrel.
There is no change in the currency market, the AUD/USD remained unchanged at 0.35% to 065, but AUD/JPY rose 0.11% to 97.20. and United States Dollar index futures fell by 0.19% to 104.01.
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Hello, My name is Gurvinder Singh, born in Punjab, India, completed my Bachelor of Commerce (B.Com) degree from Panjab University. Apart from my professional pursuits, I had a keen interest in finance-related hobbies. I actively manages my investment portfolio, carefully researching and analyzing various stocks and market trends to make informed financial decisions. With a goal of financial empowerment and wealth accumulation, I dedicated to continuous learning and improvement in my financial endeavors.
