Australia stocks lower at close of trade; S&P/ASX 200 down 0.20%

  • January 17, 2025

Investing.com – Australia stocks were lower after the close on Friday, as losses in the Financials , Telecoms Services and A-REITs sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.20%.

The best performers of the session on the S&P/ASX 200 were Megaport Ltd (ASX: MP1 ), which rose 10.10% or 0.69 points to trade at 7.52 at the close. Meanwhile, Insignia Financial Ltd (ASX: IFL ) added 6.49% or 0.27 points to end at 4.43 and Omni Bridgeway Ltd (ASX: OBL ) was up 3.79% or 0.05 points to 1.37 in late trade.

The worst performers of the session were Rea Group Ltd (ASX: REA ), which fell 2.71% or 6.42 points to trade at 230.12 at the close. TPG Telecom Ltd (ASX: TPG ) declined 2.39% or 0.11 points to end at 4.49 and JB Hi-Fi Ltd (ASX: JBH ) was down 2.15% or 2.02 points to 92.09.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 585 to 465 and 461 ended unchanged.

Shares in Insignia Financial Ltd (ASX: IFL ) rose to 3-years highs; rising 6.49% or 0.27 to 4.43.

The S&P/ASX 200 VIX , which measures the implied volatility of S&P/ASX 200 options, was down 1.55% to 10.93.

Gold Futures for February delivery was down 0.28% or 7.58 to $2,743.32 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.81% or 0.63 to hit $78.48 a barrel, while the March Brent oil contract rose 0.68% or 0.55 to trade at $81.84 a barrel.

AUD/USD was unchanged 0.11% to 0.62, while AUD/JPY rose 0.12% to 96.49.

The US Dollar Index Futures was up 0.09% at 108.92.