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Australia stocks lower at close of trade; S&P/ASX 200 down 0.92%

Published 05/14/2019, 02:45 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.92%
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Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the Financials, Energy and Industrials sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.92% to hit a new 1-month low.

The best performers of the session on the S&P/ASX 200 were Fortescue Metals Group Ltd (AX:FMG), which rose 7.57% or 0.570 points to trade at 8.100 at the close. Meanwhile, Evolution Mining Ltd (AX:EVN) added 7.21% or 0.240 points to end at 3.570 and Regis Resources Ltd (AX:RRL) was up 6.79% or 0.300 points to 4.720 in late trade.

The worst performers of the session were Mayne Pharma Group Ltd (AX:MYX), which fell 15.04% or 0.100 points to trade at 0.565 at the close. Reliance Worldwide Corporation Ltd (AX:RWC) declined 6.94% or 0.270 points to end at 3.620 and Ioof Holdings Ltd (AX:IFL) was down 6.01% or 0.350 points to 5.470.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 834 to 360 and 342 ended unchanged.

Shares in Mayne Pharma Group Ltd (AX:MYX) fell to 5-year lows; down 15.04% or 0.100 to 0.565. Shares in Reliance Worldwide Corporation Ltd (AX:RWC) fell to 52-week lows; down 6.94% or 0.270 to 3.620.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 4.17% to 14.739 a new 3-months high.

Gold Futures for June delivery was down 0.23% or 3.05 to $1298.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.31% or 0.19 to hit $61.23 a barrel, while the July Brent oil contract rose 0.31% or 0.22 to trade at $70.45 a barrel.

AUD/USD was up 0.12% to 0.6951, while AUD/JPY rose 0.36% to 76.17.

The US Dollar Index Futures was up 0.02% at 97.137.

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