Australia stocks lower at close of trade; S&P/ASX 200 down 0.03%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.03%

Sep 10, 2018

Australia stocks were lower after the close on Monday, as losses in the A-REITs, Telecoms Services and Metals&Mining sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.03% to hit a new 1-month low.

The best performers of the session on the S&P/ASX 200 were Afterpay Touch Group Ltd (AX:APT), which rose 6.70% or 1.005 points to trade at 16.005 at the close. Meanwhile, Mayne Pharma Group Ltd (AX:MYX) added 3.95% or 0.045 points to end at 1.185 and Metcash Ltd (AX:MTS) was up 3.33% or 0.090 points to 2.790 in late trade.

The worst performers of the session were Speedcast International Ltd (AX:SDA), which fell 5.27% or 0.235 points to trade at 4.225 at the close. Galaxy Resources Ltd (AX:GXY) declined 4.34% or 0.115 points to end at 2.535 and Greencross Ltd (AX:GXL) was down 4.25% or 0.170 points to 3.830.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 643 to 554 and 366 ended unchanged.

Shares in Greencross Ltd (AX:GXL) fell to 5-year lows; falling 4.25% or 0.170 to 3.830.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.33% to 13.980.

Gold Futures for December delivery was down 0.24% or 2.90 to $1197.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.53% or 0.36 to hit $68.11 a barrel, while the November Brent oil contract rose 0.57% or 0.44 to trade at $77.27 a barrel.

AUD/USD was up 0.13% to 0.7114, while AUD/JPY rose 0.03% to 78.94.

The US Dollar Index Futures was up 0.02% at 95.40.

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