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Australia stocks lower at close of trade; S&P/ASX 200 down 2.44%

Published 08/06/2019, 02:45 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 2.44%
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Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the IT, A-REITs and Healthcare sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 2.44% to hit a new 1-month low.

The best performers of the session on the S&P/ASX 200 were Pinnacle Investment Management Group Ltd (ASX:PNI), which rose 10.34% or 0.400 points to trade at 4.270 at the close. Meanwhile, Lynas Corporation Ltd (ASX:LYC) added 7.87% or 0.200 points to end at 2.740 and Bingo Industries Ltd (ASX:BIN) was up 4.48% or 0.100 points to 2.330 in late trade.

The worst performers of the session were Wisetech Global Ltd (ASX:WTC), which fell 8.02% or 2.350 points to trade at 26.950 at the close. NRW Holdings Ltd (ASX:NWH) declined 6.82% or 0.150 points to end at 2.050 and Pilbara Minerals Ltd (ASX:PLS) was down 6.59% or 0.030 points to 0.425.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 1079 to 226 and 310 ended unchanged.

Shares in Pilbara Minerals Ltd (ASX:PLS) fell to 52-week lows; losing 6.59% or 0.030 to 0.425.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 6.57% to 16.213 a new 6-months high.

Gold Futures for December delivery was down 0.19% or 2.75 to $1473.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.10% or 0.60 to hit $55.29 a barrel, while the October Brent oil contract rose 1.02% or 0.61 to trade at $60.42 a barrel.

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AUD/USD was up 0.44% to 0.6786, while AUD/JPY rose 1.03% to 72.31.

The US Dollar Index Futures was up 0.06% at 97.363.

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