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Australia stocks lower at close of trade

Published 03/03/2015, 01:00 AM
Updated 03/03/2015, 01:00 AM
© Reuters.  Australia stocks lower at close of trade

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

At the close in Sydney, the S&P/ASX 200 fell 0.42%.

The best performers of the session on the S&P/ASX 200 were Ainsworth Game Technology Ltd (ASX:AGI), which rose 5.26% or 0.130 points to trade at 2.600 at the close. Meanwhile, Ten Network Holdings Ltd (ASX:TEN) added 4.35% or 0.010 points to end at 0.240 and Horizon Oil Ltd (ASX:HZN) was up 4.00% or 0.005 points to 0.130 in late trade.

The worst performers of the session were Northern Star Resources Ltd (ASX:NST), which fell 6.67% or 0.160 points to trade at 2.240 at the close. Lynas Corporation Ltd (ASX:LYC) declined 5.36% or 0.003 points to end at 0.053 and Cabcharge Australia Ltd (ASX:CAB) was down 4.92% or 0.270 points to 5.220.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 332 to 270 and 38 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.17% to 13.832.

Gold for April delivery was up 0.12% or 1.50 to $1209.70 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April rose 1.02% or 0.51 to hit $50.09 a barrel, while the April Brent Oil contract rose 1.22% or 0.73 to trade at $60.61 a barrel.

AUD/USD was up 0.88% to 0.7834, while AUD/JPY rose 0.46% to 93.72.

The US Dollar Index was down 0.21% at 95.32.

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