Australia stocks lower at close of trade; S&P/ASX 200 down 0.33%

Investing.com

Published Aug 22, 2018 02:00AM ET

Australia stocks lower at close of trade; S&P/ASX 200 down 0.33%

Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Utilities, Metals & Mining and Financials sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.33%.

The best performers of the session on the S&P/ASX 200 were Altium Ltd (AX:ALU), which rose 32.84% or 7.170 points to trade at 29.000 at the close. Meanwhile, Wisetech Global Ltd (AX:WTC) added 31.62% or 4.945 points to end at 20.585 and TPG Telecom Ltd (AX:TPM) was up 20.19% or 1.270 points to 7.560 in late trade.

The worst performers of the session were Primary Health Care Ltd (AX:PRY), which fell 10.94% or 0.350 points to trade at 2.850 at the close. Adelaide Brighton Ltd (AX:ABC) declined 7.28% or 0.490 points to end at 6.240 and Western Areas Ltd (AX:WSA) was down 5.72% or 0.170 points to 2.800.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 684 to 547 and 360 ended unchanged.

Shares in Altium Ltd (AX:ALU) rose to all time highs; up 32.84% or 7.170 to 29.000. Shares in Primary Health Care Ltd (AX:PRY) fell to 52-week lows; down 10.94% or 0.350 to 2.850. Shares in Wisetech Global Ltd (AX:WTC) rose to all time highs; up 31.62% or 4.945 to 20.585. Shares in TPG Telecom Ltd (AX:TPM) rose to 52-week highs; rising 20.19% or 1.270 to 7.560.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 2.82% to 12.259.

Gold Futures for December delivery was up 0.14% or 1.70 to $1201.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.46% or 0.30 to hit $66.14 a barrel, while the October Brent oil contract rose 0.39% or 0.28 to trade at $72.91 a barrel.

AUD/USD was down 0.19% to 0.7355, while AUD/JPY fell 0.06% to 81.20.

The US Dollar Index Futures was unchanged 0.00% at 95.13.

Get The News You Want
Read market moving news with a personalized feed of stocks you care about.
Get The App

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes