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Australia stocks lower at close of trade; S&P/ASX 200 down 3.82%

Published 09/29/2015, 03:00 AM
Updated 09/29/2015, 03:00 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 3.82%

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

At the close in Australia, the S&P/ASX 200 declined 3.82% to hit a new 52-week low.

The best performers of the session on the S&P/ASX 200 were Slater & Gordon Ltd (ASX:SGH), which rose 3.24% or 0.090 points to trade at 2.870 at the close. Meanwhile, Kathmandu Holdings Ltd (ASX:KMD) added 2.36% or 0.030 points to end at 1.300 and UGL Ltd (ASX:UGL) was up 1.60% or 0.030 points to 1.900 in late trade.

The worst performers of the session were Paladin Energy Ltd (ASX:PDN), which fell 13.16% or 0.025 points to trade at 0.165 at the close. Karoon Gas Australia Ltd (ASX:KAR) declined 11.14% or 0.210 points to end at 1.675 and Origin Energy Ltd (ASX:ORG) was down 10.43% or 0.710 points to 6.100.

Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 733 to 245 and 165 ended unchanged.

Shares in Paladin Energy Ltd (ASX:PDN) fell to 5-year lows; falling 13.16% or 0.025 to 0.165. Shares in Karoon Gas Australia Ltd (ASX:KAR) fell to 5-year lows; losing 11.14% or 0.210 to 1.675. Shares in Origin Energy Ltd (ASX:ORG) fell to 5-year lows; falling 10.43% or 0.710 to 6.100.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 16.77% to 28.430.

Gold for December delivery was down 0.42% or 4.80 to $1126.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.10% or 0.04 to hit $44.48 a barrel, while the November Brent oil contract rose 0.36% or 0.17 to trade at $47.51 a barrel.

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AUD/USD was down 0.62% to 0.6946, while AUD/JPY fell 1.01% to 82.97.

The US Dollar Index was down 0.21% at 95.94.

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