Australia stocks down at market close; S&P/ASX 200 falls 0.02 percent

Monday night’s closing of the Australian stock market was accompanied by losses in the IT, Telecoms Services, and Healthcare industries.

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.

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