Australia’s Markets Ended the Day With a Positive Trend, as the S&P/ASX 200 Index Rose 0.30%

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After the market closed on Feb 24, Australian stocks ended on a high note as major indices like IT and Industrials experienced notable gains while A-REITs saw an uptick in shares.

The S&P/ASX 200 index finished in Sydney with a 0.30% gain.

The S&P/ASX 200 session produced excellent results, with the stand-out performer being Star Entertainment Group Ltd (ASX: SGR). This company saw a tremendous 8.57% or 0.12 point increase in its market value to 1.52 as trading ended.

In today’s trading session, Bega Cheese Ltd (ASX: BGA) rose by an impressive 7.53% or 0.25 points to close at 3.57, while Brambles Ltd (ASX: BXB) climbed up 7.46% or a strong 0.90 points to finish the day at 12.97.

Omni Bridgeway Ltd (ASX: OBL) was by far and away one of worst performing stocks – experiencing a steep drop off in its stock price to 2.95 after plunging 18.73% or 0.68 points throughout the session.

EML Payments Ltd (ASX: EML) experienced a sharp 9.48% dip or 0.06 points to the conclusion of trading at 0.53. In comparison, Regis Resources Ltd (ASX: RRL) felt an even more drastic 4.76% loss or 0.09 points to finish off at 1.70.

Optimistically advancing stocks on the Sydney Stock Exchange outweighed declining ones by 680 to 593, and 387 remained unchanged.

Omni Bridgeway Ltd (ASX: OBL) stocks plummeted to their lowest level in 52 weeks, dropping 18.73% from 0.68 to 2.95.

As reflected by the S&P/ASX 200 VIX, which gauges the anticipated volatility of S&P/ASX 200 options, a decrease of 1.95% to 12.39.

Gold Futures for April delivery rose 0.16% or 2.85 points to $1,829.65 a troy ounce, demonstrating the metal’s strength in the market.

April crude oil prices jumped 1.10% or $0.83 to hit a peak of $76.22 per barrel, while the April Brent Oil contract rose by an impressive 1.12% or $0.92 and reached its ultimate price point at $83.13 per barrel.

The AUD/USD rate remained steady at 0.68, whereas the AUD/JPY decreased by a minor amount of 0.08% to 91.61; while the US Dollar Index Futures rose slightly by 0.04%, settling at 104.58

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