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Australian stocks fall; S&P/ASX 200 down 0.11%

Australian stocks ended lower Friday, with S&P/ASX 200 down 0.11%, dragged by Gold, Metals & Mining sectors. Xero, Tuas, Yancoal gained; IperionX, Mineral Resources, Liontown slid.

Benjamin Moore
ByBenjamin Moore- Senior Editor
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Australian stocks were lower after the close on Friday. Losses in the Gold, Metals & Mining, and Materials sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.11%.

The best performers were Xero Ltd (ASX:XRO), up 8.67% to 80.07; Tuas Ltd (ASX:TUA), up 5.01% to 6.08; and Yancoal Australia Ltd (ASX:YAL), up 3.88% to 6.69.

The worst performers were IperionX Limited (ASX:IPX), down 8.90% to 5.22; Mineral Resources Ltd (ASX:MIN), down 8.21% to 64.40; and Liontown Resources Ltd (ASX:LTR), down 6.40% to 2.34.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 638 to 498, with 392 unchanged.

The S&P/ASX 200 VIX, measuring implied volatility, rose 0.49% to 12.74.

Gold futures for June delivery fell 2.28% to $4,578.51 per troy ounce. Crude oil for June rose 2.23% to $103.43 per barrel, while July Brent oil rose 1.77% to $107.59.

AUD/USD was down 0.86% to 0.72, and AUD/JPY fell 0.66% to 113.58. The US Dollar Index was up 0.34% at 99.07.

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