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Australia stocks lower at close of trade; S&P/ASX 200 down 0.40%

Stock MarketsMar 02, 2021 02:45AM ET
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© Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 0.40%

Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the Gold, Energy and Resources sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.40%.

The best performers of the session on the S&P/ASX 200 were A2 Milk Company Ltd (ASX:A2M), which rose 7.55% or 0.67 points to trade at 9.54 at the close. Meanwhile, Sims Metal Management Ltd (ASX:SGM) added 5.22% or 0.71 points to end at 14.31 and AP Eagers Ltd (ASX:APE) was up 4.50% or 0.61 points to 14.16 in late trade.

The worst performers of the session were Gold Road Resources Ltd (ASX:GOR), which fell 8.05% or 0.095 points to trade at 1.085 at the close. Omni Bridgeway Ltd (ASX:OBL) declined 6.99% or 0.26 points to end at 3.46 and Cimic Group Ltd (ASX:CIM) was down 6.94% or 1.48 points to 19.85.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 822 to 544 and 350 ended unchanged.

Shares in Sims Metal Management Ltd (ASX:SGM) rose to 52-week highs; up 5.22% or 0.71 to 14.31.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 7.50% to 17.269.

Gold Futures for April delivery was down 0.46% or 7.85 to $1715.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 1.09% or 0.66 to hit $59.98 a barrel, while the May Brent oil contract fell 1.22% or 0.78 to trade at $62.91 a barrel.

AUD/USD was down 0.37% to 0.7741, while AUD/JPY fell 0.27% to 82.71.

The US Dollar Index Futures was up 0.32% at 91.323.

Australia stocks lower at close of trade; S&P/ASX 200 down 0.40%
 

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