3 weeks ago
Stock Market

Australia stocks lower at close of trade; S&P/ASX 200 down 0.94%

Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the IT, Consumer Discretionary and Telecoms

Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the IT, Consumer Discretionary and Telecoms Services sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.94%.

The best performers of the session on the S&P/ASX 200 were Speedcast International Ltd (AX:SDA), which rose 13.13% or 0.440 points to trade at 3.790 at the close. Meanwhile, Orocobre Ltd (AX:ORE) added 7.08% or 0.250 points to end at 3.780 and Automotive Group Holdings Ltd (AX:AHG) was up 6.90% or 0.140 points to 2.170 in late trade.

The worst performers of the session were Afterpay Touch Group Ltd (AX:APT), which fell 11.46% or 2.350 points to trade at 18.150 at the close. Alumina Ltd (AX:AWC) declined 8.03% or 0.220 points to end at 2.520 and Wesfarmers Ltd (AX:WES) was down 7.41% or 2.610 points to 32.610.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 687 to 470 and 355 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 5.73% to 12.256.

Gold Futures for April delivery was up 0.09% or 1.15 to $1330.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.50% or 0.28 to hit $55.20 a barrel, while the May Brent oil contract fell 0.26% or 0.17 to trade at $64.74 a barrel.

AUD/USD was down 0.15% to 0.7155, while AUD/JPY fell 0.39% to 79.26.

The US Dollar Index Futures was down 0.02% at 96.255.