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Stock Market

Australia stocks lower at close of trade; S&P/ASX 200 down 0.07%

Investing.com – Australia stocks were lower after the close on Thursday, as losses in the Telecoms Services, Gold and Utilities

Investing.com – Australia stocks were lower after the close on Thursday, as losses in the Telecoms Services, Gold and Utilities sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.07%.

The best performers of the session on the S&P/ASX 200 were Breville Group Ltd (AX:BRG), which rose 18.01% or 2.150 points to trade at 14.090 at the close. Meanwhile, Cleanaway Waste Management Ltd (AX:CWY) added 13.11% or 0.255 points to end at 2.200 and Magellan Financial Group Ltd (AX:MFG) was up 9.90% or 2.890 points to 32.090 in late trade.

The worst performers of the session were Unibail Rodamco Westfield (AX:URW), which fell 8.39% or 1.03 points to trade at 11.25 at the close. Pact Group Holdings Ltd (AX:PGH) declined 7.72% or 0.250 points to end at 2.990 and AMP Ltd (AX:AMP) was down 7.38% or 0.180 points to 2.260.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 574 to 529 and 358 ended unchanged.

Shares in Breville Group Ltd (AX:BRG) rose to all time highs; gaining 18.01% or 2.150 to 14.090. Shares in Cleanaway Waste Management Ltd (AX:CWY) rose to 5-year highs; gaining 13.11% or 0.255 to 2.200. Shares in Pact Group Holdings Ltd (AX:PGH) fell to all time lows; falling 7.72% or 0.250 to 2.990. Shares in Magellan Financial Group Ltd (AX:MFG) rose to all time highs; gaining 9.90% or 2.890 to 32.090.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 3.45% to 12.686.

Gold Futures for April delivery was down 0.24% or 3.15 to $1311.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.74% or 0.40 to hit $54.30 a barrel, while the April Brent oil contract rose 0.88% or 0.56 to trade at $64.17 a barrel.

AUD/USD was up 0.49% to 0.7123, while AUD/JPY rose 0.52% to 79.08.

The US Dollar Index Futures was down 0.06% at 96.882.