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Australia stocks lower at close of trade; S&P/ASX 200 down 0.89%

Published 02/09/2018, 12:30 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.89%
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Investing.com – Australia stocks were lower after the close on Friday, as losses in the Energy, Telecoms Services and Consumer Discretionary sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.89%.

The best performers of the session on the S&P/ASX 200 were Evolution Mining Ltd (AX:EVN), which rose 4.87% or 0.130 points to trade at 2.800 at the close. Meanwhile, Resolute Mining Ltd (AX:RSG) added 4.25% or 0.045 points to end at 1.105 and Carsales.Com Ltd (AX:CAR) was up 2.32% or 0.320 points to 14.090 in late trade.

The worst performers of the session were Myer Holdings Ltd (AX:MYR), which fell 9.69% or 0.063 points to trade at 0.583 at the close. Wisetech Global Ltd (AX:WTC) declined 6.95% or 0.990 points to end at 13.250 and Tabcorp Holdings Ltd (AX:TAH) was down 5.25% or 0.250 points to 4.510.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 949 to 338 and 299 ended unchanged.

Shares in Myer Holdings Ltd (AX:MYR) fell to all time lows; down 9.69% or 0.063 to 0.583.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 11.50% to 21.501.

Gold Futures for April delivery was up 0.08% or 1.00 to $1320.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.05% or 0.64 to hit $60.51 a barrel, while the April Brent oil contract fell 0.71% or 0.46 to trade at $64.35 a barrel.

AUD/USD was down 0.04% to 0.7778, while AUD/JPY rose 0.12% to 84.70.

The US Dollar Index Futures was down 0.06% at 90.14.

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