Australia stocks lower at close of trade; S&P/ASX 200 down 0.04%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.04%

Aug 16, 2019

Australia stocks were lower after the close on Friday, as losses in the Telecoms Services, Gold and Energy sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.04% to hit a new 1-month low.

The best performers of the session on the S&P/ASX 200 were Credit Corp Group Ltd (ASX:CCP), which rose 13.29% or 3.200 points to trade at 27.270 at the close. Meanwhile, Super Retail Group Ltd (ASX:SUL) added 7.85% or 0.710 points to end at 9.750 and Star Entertainment Group Ltd (ASX:SGR) was up 5.87% or 0.210 points to 3.790 in late trade.

The worst performers of the session were oOh!Media Ltd (ASX:OML), which fell 27.48% or 1.110 points to trade at 2.930 at the close. Breville Group Ltd (ASX:BRG) declined 9.82% or 1.780 points to end at 16.350 and Reliance Worldwide Corporation Ltd (ASX:RWC) was down 7.46% or 0.250 points to 3.100.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 660 to 508 and 368 ended unchanged.

Shares in oOh!Media Ltd (ASX:OML) fell to 3-years lows; down 27.48% or 1.110 to 2.930. Shares in Reliance Worldwide Corporation Ltd (ASX:RWC) fell to 52-week lows; losing 7.46% or 0.250 to 3.100.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.36% to 18.751.

Gold Futures for December delivery was down 0.36% or 5.45 to $1525.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.08% or 0.59 to hit $55.06 a barrel, while the October Brent oil contract rose 1.05% or 0.61 to trade at $58.84 a barrel.

AUD/USD was up 0.20% to 0.6788, while AUD/JPY rose 0.20% to 72.03.

The US Dollar Index Futures was up 0.02% at 98.020.

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