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Australia stocks lower at close of trade; S&P/ASX 200 down 2.85%

Published 08/15/2019, 02:45 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 2.85%
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Investing.com – Australia stocks were lower after the close on Thursday, as losses in the Energy, IT and Industrials sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 2.85% to hit a new 1-month low.

The best performers of the session on the S&P/ASX 200 were Super Retail Group Ltd (ASX:SUL), which rose 4.15% or 0.360 points to trade at 9.040 at the close. Meanwhile, Treasury Wine Estates Ltd (ASX:TWE) added 2.34% or 0.400 points to end at 17.480 and Northern Star Resources Ltd (ASX:NST) was up 1.74% or 0.210 points to 12.300 in late trade.

The worst performers of the session were Orora Ltd (ASX:ORA), which fell 15.94% or 0.51 points to trade at 2.69 at the close. Blackmores Ltd (ASX:BKL) declined 14.85% or 12.36 points to end at 70.90 and Cleanaway Waste Management Ltd (ASX:CWY) was down 13.87% or 0.330 points to 2.050.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 1040 to 254 and 289 ended unchanged.

Shares in Orora Ltd (ASX:ORA) fell to 52-week lows; down 15.94% or 0.51 to 2.69. Shares in Blackmores Ltd (ASX:BKL) fell to 3-years lows; falling 14.85% or 12.36 to 70.90.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 29.14% to 19.605 a new 6-months high.

Gold Futures for December delivery was down 0.38% or 5.85 to $1521.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.05% or 0.03 to hit $55.26 a barrel, while the October Brent oil contract fell 0.27% or 0.16 to trade at $59.32 a barrel.

AUD/USD was up 0.59% to 0.6786, while AUD/JPY rose 1.05% to 72.19.

The US Dollar Index Futures was up 0.00% at 97.828.

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