1 month ago
Stock Market

Australia stocks lower at close of trade; S&P/ASX 200 down 0.17%

Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Consumer Staples, Utilities and A-REITs

Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Consumer Staples, Utilities and A-REITs sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.17%.

The best performers of the session on the S&P/ASX 200 were Corporate Travel Managment Ltd (AX:CTD), which rose 14.69% or 3.690 points to trade at 28.810 at the close. Meanwhile, Emeco Holdings Ltd (AX:EHL) added 13.62% or 0.290 points to end at 2.420 and Bingo Industries Ltd (AX:BIN) was up 12.35% or 0.150 points to 1.365 in late trade.

The worst performers of the session were Pact Group Holdings Ltd (AX:PGH), which fell 17.04% or 0.530 points to trade at 2.580 at the close. Mcmillan Shakespeare Ltd (AX:MMS) declined 12.77% or 1.860 points to end at 12.700 and Wisetech Global Ltd (AX:WTC) was down 10.09% or 2.360 points to 21.030.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 595 to 547 and 355 ended unchanged.

Shares in Pact Group Holdings Ltd (AX:PGH) fell to all time lows; down 17.04% or 0.530 to 2.580. Shares in Mcmillan Shakespeare Ltd (AX:MMS) fell to 52-week lows; falling 12.77% or 1.860 to 12.700.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.72% to 12.413.

Gold Futures for April delivery was up 0.05% or 0.65 to $1345.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.14% or 0.08 to hit $56.53 a barrel, while the April Brent oil contract fell 0.09% or 0.06 to trade at $66.39 a barrel.

AUD/USD was down 0.03% to 0.7160, while AUD/JPY rose 0.20% to 79.39.

The US Dollar Index Futures was up 0.06% at 96.405.