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Australia stocks lower at close of trade; S&P/ASX 200 down 0.83%
Published Oct 17, 2016 01:30AM ET
© Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 0.83%
Investing.com – Australia stocks were lower after the close on Monday, as losses in the Consumer Discretionary, A-REITs and Gold sectors led shares lower.
At the close in Australia, the S&P/ASX 200 fell 0.83%.
The best performers of the session on the S&P/ASX 200 were Infigen Energy (AX:IFN), which rose 4.90% or 0.038 points to trade at 0.802 at the close. Meanwhile, A2 Milk Company Ltd (AX:A2M) added 3.89% or 0.070 points to end at 1.870 and Whitehaven Coal Ltd (AX:WHC) was up 3.48% or 0.100 points to 2.970 in late trade.
The worst performers of the session were Crown Ltd (AX:CWN), which fell 13.67% or 1.770 points to trade at 11.180 at the close. Saracen Mineral Holdings Ltd (AX:SAR) declined 4.79% or 0.058 points to end at 1.143 and Resolute Mining Ltd (AX:RSG) was down 4.18% or 0.070 points to 1.605.
Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 682 to 385 and 306 ended unchanged.
Shares in Whitehaven Coal Ltd (AX:WHC) rose to 3-years highs; gaining 3.48% or 0.100 to 2.970.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 3.38% to 14.602.
Gold for December delivery was up 0.04% or 0.45 to $1255.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.24% or 0.12 to hit $50.23 a barrel, while the December Brent oil contract fell 0.08% or 0.04 to trade at $51.91 a barrel.
AUD/USD was down 0.14% to 0.7606, while AUD/JPY fell 0.30% to 79.20.
The US Dollar Index was down 0.05% at 98.03.
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