Australia 200 Dips 0.24% Below 7,500 on April 30, Extending 10-Session Losing Streak

Australia 200 extended its losing streak to 10 sessions on April 30, closing down 0.24% below 7,500 amid broad weakness in consumer staples, gold, and metals & mining sectors, with the VIX rising 2.51% to 13.13. The index rallied sharply early, gaining 1.74% on April 7 and 2.55% on April 8 near 8,500, but a 1.18% drop on April 22 triggered by US tariffs on metals unleashed persistent downside. Subsequent closes saw further erosion: down 0.57% on April 23, 0.64% on April 28, and 0.27% on April 29 around 7,406, fueled by risk-off flows, weak Wall Street cues, and commodity volatility.