Australia stocks lower at close of trade; S&P/ASX 200 down 0.73%
Investing.com
Published Mar 28, 2018 02:00AM ET
Australia stocks lower at close of trade; S&P/ASX 200 down 0.73%
Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Metals & Mining, Resources and Materials sectors led shares lower.
At the close in Sydney, the S&P/ASX 200 fell 0.73% to hit a new 3-months low.
The best performers of the session on the S&P/ASX 200 were Graincorp Ltd (AX:GNC), which rose 2.90% or 0.240 points to trade at 8.510 at the close. Meanwhile, Ausdrill Ltd (AX:ASL) added 2.28% or 0.060 points to end at 2.690 and Iron Mountain Inc (AX:INM) was up 2.23% or 0.90 points to 41.20 in late trade.
The worst performers of the session were Syrah Resources Ltd (AX:SYR), which fell 8.89% or 0.320 points to trade at 3.280 at the close. A2 Milk Company Ltd (AX:A2M) declined 7.52% or 0.980 points to end at 12.060 and Orocobre Ltd (AX:ORE) was down 4.67% or 0.280 points to 5.710.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 809 to 388 and 361 ended unchanged.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 3.83% to 16.226.
Gold Futures for April delivery was down 0.07% or 1.00 to $1341.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.86% or 0.56 to hit $64.69 a barrel, while the June Brent oil contract fell 0.76% or 0.53 to trade at $68.93 a barrel.
AUD/USD was up 0.14% to 0.7692, while AUD/JPY rose 0.42% to 81.22.
The US Dollar Index Futures was up 0.03% at 88.99.
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Written By: Investing.com
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