Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Australia shares lower at close of trade; S&P/ASX 200 down 0.52%

Published 26/03/2018, 07:00
Updated 26/03/2018, 07:05
© Reuters.  Australia shares lower at close of trade; S&P/ASX 200 down 0.52%

Investing.com – Australia equities were lower at the close on Monday, as losses in the Financials, Consumer Staples and Telecoms Services sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.52% to hit a new 3-month low.

The biggest gainers of the session on the S&P/ASX 200 were Resolute Mining Ltd (AX:RSG), which rose 2.76% or 0.035 points to trade at 1.305 at the close. Northern Star Resources Ltd (AX:NST) added 2.65% or 0.180 points to end at 6.960 and Retail Food Group Ltd (AX:RFG) was up 2.43% or 0.025 points to 1.055 in late trade.

Biggest losers included Genworth Mortgage Insurance Australia Ltd (AX:GMA), which lost 3.83% or 0.090 points to trade at 2.260 in late trade. Galaxy Resources Ltd (AX:GXY) declined 3.66% or 0.120 points to end at 3.160 and Syrah Resources Ltd (AX:SYR) shed 3.55% or 0.130 points to 3.530.

Declining stocks outnumbered rising ones by 735 to 499 and 362 ended unchanged on the Sydney Stock Exchange.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 5.16% to 16.395 a new 1-month high.

In commodities trading, Gold Futures for April delivery was down 0.39% or 5.20 to $1344.70 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.53% or 0.35 to hit $65.53 a barrel, while the June Brent oil contract fell 0.33% or 0.23 to trade at $69.58 a barrel.

AUD/USD was up 0.31% to 0.7723, while AUD/JPY rose 0.61% to 81.12.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The US Dollar Index Futures was down 0.02% at 89.08.

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.