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Australian stocks closed higher, led by energy and financials; CPU hit a record high.
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IntroductionOn Thursday, the Australian stock market closed higher, with the energy, industrial, and financial s ...
On Thursday,Exchange rate 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.


The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
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