On Thursday, the Australian stock market closed higher, with the energy, industrial, and financial sectors performing well, driving the Australian S&P/ASX200 index up 0.33%. The share registry company (ASX) led the gains, rising by 6.10% to AUD 29.22, marking a record high. Additionally, BlueScope Steel Limited (ASX) and Worley Ltd (ASX) rose by 5.52% and 5.42%, respectively, reflecting optimism in the Australian market towards the energy and infrastructure sectors.
However, the mining sector performed poorly, with Resolute Mining (ASX) plummeting by 10.07%, and Westgold Resources Ltd (ASX) and Evolution Mining (ASX) falling by 8.39% and 6.46%, respectively.
Overall, market trading was active, but the number of declining stocks exceeded those rising. The S&P/ASX 200 VIX index fell to 7.61, indicating a new low in market volatility.
In commodity futures, December gold futures fell 0.46% to $2,663.95. WTI crude oil futures and Brent crude oil futures rose by 0.56% and 0.65%, respectively, reflecting a rebound in international oil demand. In the currency market, the Australian dollar rose against the US dollar by 0.80% to 0.66, and against the Japanese yen by 0.51% to 102.11.
The US dollar index futures slightly dipped by 0.10% to 104.88, showing the Australian dollar's strong performance against the US dollar in the Asia-Pacific market.
