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Australia stocks lower at close of trade; S&P/ASX 200 down 2.83%

Published 10/25/2018, 02:00 AM
Updated 10/25/2018, 02:00 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 2.83%

© Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 2.83%

Investing.com – Australia stocks were lower after the close on Thursday, as losses in the Healthcare, Metals & Mining and Consumer Discretionary sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 2.83% to hit a new 52-week low.

The best performers of the session on the S&P/ASX 200 were Lynas Corporation Ltd (AX:LYC), which rose 7.26% or 0.115 points to trade at 1.700 at the close. Meanwhile, Cleanaway Waste Management Ltd (AX:CWY) added 5.04% or 0.085 points to end at 1.770 and Resolute Mining Ltd (AX:RSG) was up 3.41% or 0.035 points to 1.060 in late trade.

The worst performers of the session were AMP Ltd (AX:AMP), which fell 23.56% or 0.780 points to trade at 2.530 at the close. Emeco Holdings Ltd (AX:EHL) declined 12.12% or 0.040 points to end at 0.290 and Super Retail Group Ltd (AX:SUL) was down 10.20% or 0.850 points to 7.480.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 1067 to 215 and 283 ended unchanged.

Shares in AMP Ltd (AX:AMP) fell to all time lows; losing 23.56% or 0.780 to 2.530.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 27.26% to 22.280 a new 52-week high.

Gold Futures for December delivery was up 0.76% or 9.30 to $1240.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.73% or 0.49 to hit $66.33 a barrel, while the December Brent oil contract fell 0.66% or 0.50 to trade at $75.67 a barrel.

AUD/USD was up 0.20% to 0.7074, while AUD/JPY fell 0.06% to 79.20.

The US Dollar Index Futures was up 0.33% at 96.03.

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