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Australia stocks lower at close of trade; S&P/ASX 200 down 0.00%

Published 10/05/2017, 02:00 AM
Updated 10/05/2017, 02:05 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.00%
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Investing.com – Australia stocks were lower after the close on Thursday, as losses in the Telecoms Services, Financials and Consumer Discretionary sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.00% to hit a new 6-months low.

The best performers of the session on the S&P/ASX 200 were A2 Milk Company Ltd (AX:A2M), which rose 4.75% or 0.300 points to trade at 6.610 at the close. Meanwhile, Technology One Ltd (AX:TNE) added 3.96% or 0.180 points to end at 4.730 and Aconex Ltd (AX:ACX) was up 3.39% or 0.130 points to 3.960 in late trade.

The worst performers of the session were Reliance Worldwide Corporation (Aust) Pty Ltd (AX:RWC), which fell 5.64% or 0.220 points to trade at 3.680 at the close. Asaleo Care (AX:AHY) declined 2.82% or 0.045 points to end at 1.550 and Western Areas Ltd (AX:WSA) was down 2.74% or 0.080 points to 2.840.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 588 to 562 and 364 ended unchanged.

Shares in A2 Milk Company Ltd (AX:A2M) rose to all time highs; gaining 4.75% or 0.300 to 6.610.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.36% to 11.915.

Gold Futures for December delivery was up 0.02% or 0.22 to $1277.02 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.20% or 0.10 to hit $49.88 a barrel, while the December Brent oil contract fell 0.11% or 0.06 to trade at $55.74 a barrel.

AUD/USD was down 0.47% to 0.7826, while AUD/JPY fell 0.46% to 88.25.

The US Dollar Index Futures was up 0.06% at 93.37.

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