Mining stocks lead S&P/ASX200 on tough day

The S&P/ASX200 closed trade lower today (15 April 2024), slipping 35.60 points (0.46%) to 7,752.50 and crossing below its 20-day moving average. 

The top performing stocks in this index were Alumina Limited (ASX:AWC) up 6%, while South32 (ASX:S32) closed up 4.56%, followed by Nickel Industries (ASX:NIC) just over 4% higher, and Rio Tinto (ASX:RIO), which closed 3.635% higher this afternoon.

Gold Road Resources (ASX:GOR) was one of the worst performing stocks in the index, down 6.6% today.

The index has lost 0.27% for the past five days, but sits 2% below its 52-week high.

Images: South32
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Written By Adam Orlando Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.