Losses in the IT, Telecoms Services, and Healthcare sectors contributed to a decline in Australia’s stock market following the close on Monday.
Sydney’s S&P/ASX 200 index fell 0.02 percent at the close.
Insurance Australia Group Ltd (ASX:IAG), which climbed 5.94 percent or 0.25 points to settle at 4.46 on the S&P/ASX 200, exhibited the greatest performance throughout the session. Unibail Rodamco Westfield (ASX:URW) gained 5.19 percent or 0.19 points to close at 3.85, while Steadfast Group Ltd (ASX:SDF) gained 3.91 percent or 0.20 points to reach 5.32 in late trading.
EML Payments Ltd (ASX:EML) had the poorest performance throughout the day, falling 22.18 percent or 0.26 points to close at 0.93. Appen Ltd (ASX:APX) down 15.02 percent or 0.99 points to conclude the day at 5.60, while Polynovo Ltd (ASX:PNV) fell 13.62 percent or 0.24 points to 1.49.
On the Sydney Stock Exchange, declining equities outweighed gaining ones by 739 to 574, with 382 ending unchanged.
EML Payments Ltd (ASX:EML) shares plunged to 5-year lows, shedding 22.18 percent, or 0.26 per share, to close at 0.93.
The implied volatility index for S&P/ASX 200 options increased 1.33 percentage points to 16.59.
Gold Futures for August delivery decreased 2.80 cents, or 0.16 percent, to $1,724.60 per troy ounce. Crude oil for September delivery slid 1.48 percent, or $1.40, to $93.30 per barrel, while the October Brent oil contract declined 1.37 percent, or $1.35, to trade at $97.03 per barrel.
AUD/USD remained constant at 0.69, while AUD/JPY increased 0.20 percent to 94.39.
At 106.60, US Dollar Index Futures were down 0.02 percent.