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Australia stocks lower at close of trade; S&P/ASX 200 down 0.22%

Published 03/22/2018, 01:30 AM
Updated 03/22/2018, 01:35 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.22%
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Investing.com – Australia stocks were lower after the close on Thursday, as losses in the Telecoms Services, IT and Utilities sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.22%.

The best performers of the session on the S&P/ASX 200 were Alumina Ltd (AX:AWC), which rose 4.68% or 0.110 points to trade at 2.460 at the close. Meanwhile, Mineral Resources Ltd (AX:MIN) added 4.04% or 0.720 points to end at 18.560 and Orocobre Ltd (AX:ORE) was up 3.26% or 0.190 points to 6.020 in late trade.

The worst performers of the session were Sigma Pharmaceuticals Ltd (AX:SIG), which fell 7.39% or 0.065 points to trade at 0.815 at the close. Webjet Ltd (AX:WEB) declined 5.46% or 0.660 points to end at 11.420 and Fairfax Media Ltd (AX:FXJ) was down 3.45% or 0.025 points to 0.700.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 672 to 551 and 361 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.04% to 12.372.

Gold Futures for April delivery was up 0.53% or 7.00 to $1328.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.09% or 0.06 to hit $65.23 a barrel, while the May Brent oil contract rose 0.04% or 0.03 to trade at $69.50 a barrel.

AUD/USD was down 0.22% to 0.7748, while AUD/JPY fell 0.39% to 82.03.

The US Dollar Index Futures was down 0.09% at 89.20.

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