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Australia stocks lower at close of trade; S&P/ASX 200 down 0.53%

Published 05/28/2018, 02:00 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.53%

Investing.com – Australia stocks were lower after the close on Monday, as losses in the Energy, Resources and Metals & Mining sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.53%.

The best performers of the session on the S&P/ASX 200 were Reliance Worldwide Corporation Ltd (AX:RWC), which rose 24.38% or 1.078 points to trade at 5.500 at the close. Meanwhile, Investa Office Fund (AX:IOF) added 11.23% or 0.520 points to end at 5.150 and APN Outdoor Group Ltd (AX:APO) was up 7.27% or 0.370 points to 5.460 in late trade.

The worst performers of the session were Metcash Ltd (AX:MTS), which fell 17.66% or 0.650 points to trade at 3.030 at the close. Beach Energy Ltd (AX:BPT) declined 9.16% or 0.158 points to end at 1.562 and Woodside Petroleum Ltd (AX:WPL) was down 3.73% or 1.225 points to 31.635.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 655 to 560 and 372 ended unchanged.

Shares in Reliance Worldwide Corporation Ltd (AX:RWC) rose to all time highs; up 24.38% or 1.078 to 5.500. Shares in Investa Office Fund (AX:IOF) rose to 5-year highs; rising 11.23% or 0.520 to 5.150.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 4.65% to 12.416.

Gold Futures for June delivery was down 0.56% or 7.30 to $1296.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 2.47% or 1.68 to hit $66.20 a barrel, while the August Brent oil contract fell 1.71% or 1.31 to trade at $75.16 a barrel.

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AUD/USD was up 0.40% to 0.7578, while AUD/JPY rose 0.54% to 83.03.

The US Dollar Index Futures was down 0.40% at 93.83.

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