Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Australia stocks lower at close of trade; S&P/ASX 200 down 0.39%

Published 07/28/2020, 02:45 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.39%
AXJO
-
ALQ
-
NUF
-
PPT
-
CCP
-
RSG
-
AXEJ
-
AXDJ
-
AXIJ
-
AXVI
-
WPR
-

Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the IT, Energy and Consumer Discretionary sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.39%.

The best performers of the session on the S&P/ASX 200 were Credit Corp Group Ltd (ASX:CCP), which rose 8.76% or 1.48 points to trade at 18.37 at the close. Meanwhile, Nufarm Ltd (ASX:NUF) added 8.06% or 0.32 points to end at 4.29 and ALS Ltd (ASX:ALQ) was up 5.66% or 0.43 points to 8.03 in late trade.

The worst performers of the session were Perpetual Ltd (ASX:PPT), which fell 5.06% or 1.70 points to trade at 31.91 at the close. Resolute Mining Ltd (ASX:RSG) declined 4.86% or 0.070 points to end at 1.370 and Waypoint REIT Ltd (ASX:WPR) was down 4.76% or 0.130 points to 2.600.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 694 to 475 and 320 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.33% to 19.114.

Gold Futures for August delivery was up 0.02% or 0.40 to $1931.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.24% or 0.10 to hit $41.50 a barrel, while the October Brent oil contract rose 0.16% or 0.07 to trade at $43.97 a barrel.

AUD/USD was down 0.20% to 0.7135, while AUD/JPY fell 0.01% to 75.32.

The US Dollar Index Futures was up 0.18% at 93.785.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.