Australia stocks lower at close of trade; S&P/ASX 200 down 9.70%
Investing.com
Published Mar 16, 2020 02:45AM ET
Australia stocks lower at close of trade; S&P/ASX 200 down 9.70%
Investing.com – Australia stocks were lower after the close on Monday, as losses in the Energy, Industrials and Gold sectors led shares lower.
At the close in Sydney, the S&P/ASX 200 fell 9.70% to hit a new 3-years low.
The best performers of the session on the S&P/ASX 200 were Fisher & Paykel Healthcare Ltd (ASX:FPH), which rose 4.20% or 1.01 points to trade at 25.06 at the close. Meanwhile, Telstra Corporation Ltd. (ASX:TLS) added 1.81% or 0.060 points to end at 3.380 and Domino'S Pizza Enterprises Ltd (ASX:DMP) was up 0.16% or 0.09 points to 55.45 in late trade.
The worst performers of the session were Star Entertainment Group Ltd (ASX:SGR), which fell 23.57% or 0.62 points to trade at 2.01 at the close. Collins Foods Ltd (ASX:CKF) declined 23.32% or 1.39 points to end at 4.57 and Webjet Ltd (ASX:WEB) was down 22.02% or 1.22 points to 4.32.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 1084 to 187 and 221 ended unchanged.
Shares in Star Entertainment Group Ltd (ASX:SGR) fell to all time lows; losing 23.57% or 0.62 to 2.01. Shares in Collins Foods Ltd (ASX:CKF) fell to 3-years lows; falling 23.32% or 1.39 to 4.57. Shares in Webjet Ltd (ASX:WEB) fell to 3-years lows; falling 22.02% or 1.22 to 4.32.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was unchanged 0.00% to 42.339 a new 5-year high.
Gold Futures for April delivery was up 1.89% or 28.70 to $1545.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 3.80% or 1.22 to hit $30.89 a barrel, while the May Brent oil contract fell 5.32% or 1.80 to trade at $32.05 a barrel.
AUD/USD was down 0.44% to 0.6155, while AUD/JPY fell 1.10% to 65.43.
The US Dollar Index Futures was down 0.72% at 98.190.
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Written By: Investing.com
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