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Australian shares prices gained 1.21% on Monday

Posted on March 14, 2022March 14, 2022

Australian shares prices edged higher on Monday, as Financials, Healthcare and Consumer Staples sectors led shares higher. At the close in Sydney, the S&P/ASX 200 gained 1.21%.

The best performers of the session on the S&P/ASX 200 were Elders Ltd (ASX:ELD), which rose 11.00% or 1.32 points to trade at 13.32 at the close. Meanwhile, Pendal Group Ltd (ASX:PDL) added 6.56% or 0.28 points to end at 4.55 and Resolute Mining Ltd (ASX:RSG) was up 6.25% or 0.02 points to 0.34 in late trade.

The worst performers of the session were Westgold Resources Ltd (ASX:WGX), which fell 12.70% or 0.31 points to trade at 2.13 at the close. Nickel Mines Ltd (ASX:NIC) declined 4.17% or 0.05 points to end at 1.15 and Pointsbet Holdings Ltd (ASX:PBH) was down 4.04% or 0.15 points to 3.56.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 701 to 698 and 368 ended unchanged.

Shares in Elders Ltd (ASX:ELD) rose to 5-year highs; rising 11.00% or 1.32 to 13.32.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 3.85% to 19.22.

Gold Futures for April delivery was down 0.30% or 6.05 to $1,978.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 3.39% or 3.71 to hit $105.62 a barrel, while the May Brent oil contract fell 3.20% or 3.61 to trade at $109.06 a barrel.

AUD/USD was unchanged 0.64% to 0.72, while AUD/JPY fell 0.26% to 85.28.

The US Dollar Index Futures was down 0.12% at 99.06.

(Source)

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