👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Australia stocks lower at close of trade; S&P/ASX 200 down 1.53%

Published 10/02/2019, 02:45 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 1.53%
AXJO
-
CUV
-
AXFJ
-
AXIJ
-
AXUJ
-
GXY
-
NST
-
AXVI
-
BGA
-
MYX
-
HUB
-

Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the IT, Financials and Utilities sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 1.53%.

The best performers of the session on the S&P/ASX 200 were Mayne Pharma Group Ltd (ASX:MYX), which rose 18.87% or 0.100 points to trade at 0.630 at the close. Meanwhile, Clinuvel Pharmaceuticals Ltd (ASX:CUV) added 3.31% or 0.820 points to end at 25.610 and Northern Star Resources Ltd (ASX:NST) was up 2.82% or 0.310 points to 11.320 in late trade.

The worst performers of the session were Hub24 Ltd (ASX:HUB), which fell 7.09% or 0.860 points to trade at 11.270 at the close. Galaxy Resources Ltd (ASX:GXY) declined 5.12% or 0.055 points to end at 1.020 and Bega Cheese Ltd (ASX:BGA) was down 5.01% or 0.240 points to 4.550.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 770 to 409 and 319 ended unchanged.

Shares in Galaxy Resources Ltd (ASX:GXY) fell to 3-years lows; down 5.12% or 0.055 to 1.020.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 14.07% to 14.430 a new 1-month high.

Gold Futures for December delivery was down 0.51% or 7.55 to $1481.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.29% or 0.69 to hit $54.31 a barrel, while the December Brent oil contract rose 0.83% or 0.49 to trade at $59.38 a barrel.

AUD/USD was up 0.05% to 0.6705, while AUD/JPY rose 0.09% to 72.28.

The US Dollar Index Futures was up 0.12% at 98.893.

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.