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Australia stocks lower at close of trade; S&P/ASX 200 down 0.09%

Published 09/03/2019, 02:45 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.09%
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Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the Telecoms Services, Utilities and Consumer Discretionary sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.09%.

The best performers of the session on the S&P/ASX 200 were Speedcast International Ltd (ASX:SDA), which rose 20.83% or 0.200 points to trade at 1.160 at the close. Meanwhile, Western Areas Ltd (ASX:WSA) added 7.42% or 0.210 points to end at 3.040 and Bellamys Australia Ltd (ASX:BAL) was up 5.53% or 0.430 points to 8.200 in late trade.

The worst performers of the session were TPG Telecom Ltd (ASX:TPM), which fell 4.70% or 0.310 points to trade at 6.290 at the close. Spark Infrastructure Group (ASX:SKI) declined 3.88% or 0.090 points to end at 2.230 and Graincorp Ltd (ASX:GNC) was down 3.72% or 0.300 points to 7.760.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 616 to 568 and 387 ended unchanged.

Shares in Western Areas Ltd (ASX:WSA) rose to 52-week highs; up 7.42% or 0.210 to 3.040.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.57% to 14.133.

Gold Futures for December delivery was up 0.30% or 4.60 to $1534.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.47% or 0.26 to hit $54.84 a barrel, while the November Brent oil contract fell 0.10% or 0.06 to trade at $58.60 a barrel.

AUD/USD was up 0.08% to 0.6718, while AUD/JPY rose 0.11% to 71.38.

The US Dollar Index Futures was up 0.41% at 99.268.

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