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Australia stocks lower at close of trade; S&P/ASX 200 down 0.73%

Published 08/26/2020, 02:45 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.73%
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Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Telecoms Services, Gold and Utilities sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.73%.

The best performers of the session on the S&P/ASX 200 were Cleanaway Waste Management Ltd (ASX:CWY), which rose 8.48% or 0.190 points to trade at 2.430 at the close. Meanwhile, Avita Therapeutics Inc (ASX:AVH) added 8.10% or 0.490 points to end at 6.540 and Austal Ltd (ASX:ASB) was up 6.61% or 0.22 points to 3.55 in late trade.

The worst performers of the session were Whitehaven Coal Ltd (ASX:WHC), which fell 18.07% or 0.225 points to trade at 1.020 at the close. Bravura Solutions Ltd (ASX:BVS) declined 13.43% or 0.58 points to end at 3.74 and Polynovo Ltd (ASX:PNV) was down 8.47% or 0.200 points to 2.160.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 766 to 535 and 347 ended unchanged.

Shares in Cleanaway Waste Management Ltd (ASX:CWY) rose to 52-week highs; up 8.48% or 0.190 to 2.430. Shares in Whitehaven Coal Ltd (ASX:WHC) fell to 3-years lows; losing 18.07% or 0.225 to 1.020.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.27% to 18.474.

Gold Futures for December delivery was up 0.06% or 1.10 to $1924.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.05% or 0.02 to hit $43.33 a barrel, while the November Brent oil contract rose 0.17% or 0.08 to trade at $46.37 a barrel.

AUD/USD was up 0.06% to 0.7198, while AUD/JPY rose 0.05% to 76.57.

The US Dollar Index Futures was up 0.08% at 93.097.

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