3 months ago
Stock Market

Australia stocks lower at close of trade; S&P/ASX 200 down 0.16%

Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Energy, Healthcare and Utilities sectors

Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Energy, Healthcare and Utilities sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.16%.

The best performers of the session on the S&P/ASX 200 were Regis Resources Ltd (AX:RRL), which rose 5.91% or 0.260 points to trade at 4.660 at the close. Meanwhile, Northern Star Resources Ltd (AX:NST) added 5.26% or 0.450 points to end at 9.010 and St Barbara Ltd (AX:SBM) was up 5.17% or 0.230 points to 4.680 in late trade.

The worst performers of the session were Bega Cheese Ltd (AX:BGA), which fell 12.32% or 0.700 points to trade at 4.980 at the close. Mayne Pharma Group Ltd (AX:MYX) declined 8.05% or 0.070 points to end at 0.800 and Syrah Resources Ltd (AX:SYR) was down 7.10% or 0.120 points to 1.570.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 687 to 475 and 317 ended unchanged.

Shares in Bega Cheese Ltd (AX:BGA) fell to 52-week lows; losing 12.32% or 0.700 to 4.980.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.40% to 17.606.

Gold Futures for February delivery was up 0.06% or 0.75 to $1254.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.56% or 0.26 to hit $46.86 a barrel, while the February Brent oil contract rose 0.66% or 0.37 to trade at $56.63 a barrel.

AUD/USD was up 0.22% to 0.7195, while AUD/JPY rose 0.07% to 80.84.

The US Dollar Index Futures was down 0.23% at 96.347.