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Australia stocks lower at close of trade; S&P/ASX 200 down 1.57%

Published 01/02/2019, 01:00 AM
Updated 01/02/2019, 01:00 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 1.57%

Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Energy, Telecoms Services and Financials sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 lost 1.57%.

The best performers of the session on the S&P/ASX 200 were Bellamys Australia Ltd (AX:BAL), which rose 3.83% or 0.280 points to trade at 7.590 at the close. Meanwhile, Bravura Solutions Ltd (AX:BVS) added 2.70% or 0.100 points to end at 3.800 and Blackmores Ltd (AX:BKL) was up 2.67% or 3.26 points to 125.26 in late trade.

The worst performers of the session were Speedcast International Ltd (AX:SDA), which fell 5.50% or 0.160 points to trade at 2.750 at the close. Infigen Energy Ltd (AX:IFN) declined 5.38% or 0.025 points to end at 0.440 and Ausdrill Ltd (AX:ASL) was down 5.04% or 0.060 points to 1.130.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 530 to 408 and 290 ended unchanged.

Shares in Speedcast International Ltd (AX:SDA) fell to 3-years lows; down 5.50% or 0.160 to 2.750.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 8.28% to 19.414.

Gold Futures for February delivery was up 0.55% or 7.05 to $1288.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 2.25% or 1.03 to hit $44.77 a barrel, while the March Brent oil contract fell 1.96% or 1.06 to trade at $53.06 a barrel.

AUD/USD was down 0.35% to 0.7027, while AUD/JPY fell 0.72% to 76.81.

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The US Dollar Index Futures was down 0.19% at 95.510.

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