Australia stocks lower at close of trade; S&P/ASX 200 down 0.04%

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At the close in Sydney, the S&P/ASX 200 declined 0.04% to hit a new 1-month high.

The best performers of the session on the S&P/ASX 200 were Pointsbet Holdings Ltd (ASX:PBH), which rose 16.25% or 0.46 points to trade at 3.29 at the close. Meanwhile, Zip Co Ltd (ASX:ZIP) added 13.55% or 0.11 points to end at 0.88 and Polynovo Ltd (ASX:PNV) was up 9.18% or 0.15 points to 1.73 in late trade.

The worst performers of the session were Webjet Ltd (ASX:WEB), which fell 6.33% or 0.34 points to trade at 5.03 at the close. Mesoblast Ltd (ASX:MSB) declined 4.52% or 0.05 points to end at 0.95 and Domino’S Pizza Enterprises Ltd (ASX:DMP) was down 4.48% or 3.34 points to 71.17.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 682 to 643 and 402 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 0.73% to 16.37.

Gold Futures for August delivery was up 0.05% or 0.85 to $1,714.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.48% or 0.46 to hit $95.89 a barrel, while the September Brent oil contract fell 0.43% or 0.45 to trade at $103.41 a barrel.

AUD/USD was unchanged 0.41% to 0.69, while AUD/JPY fell 0.20% to 94.99.

The US Dollar Index Futures was up 0.35% at 107.18.