Australia stocks lower at close of trade; S&P/ASX 200 down 0.10%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.10%

May 23, 2018

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

At the close in Sydney, the S&P/ASX 200 declined 0.10%.

The best performers of the session on the S&P/ASX 200 were Vicinity Centres Re Ltd (AX:VCX), which rose 3.31% or 0.085 points to trade at 2.655 at the close. Meanwhile, Mirvac Group (AX:MGR) added 3.14% or 0.070 points to end at 2.300 and GPT Group (AX:GPT) was up 2.69% or 0.130 points to 4.960 in late trade.

The worst performers of the session were Santos Ltd (AX:STO), which fell 8.54% or 0.550 points to trade at 5.890 at the close. A2 Milk Company Ltd (AX:A2M) declined 6.59% or 0.650 points to end at 9.210 and Beach Energy Ltd (AX:BPT) was down 4.29% or 0.078 points to 1.728.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 616 to 565 and 418 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.45% to 13.621 a new 1-month high.

Gold Futures for June delivery was down 0.18% or 2.30 to $1289.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.39% or 0.28 to hit $71.92 a barrel, while the July Brent oil contract fell 0.68% or 0.54 to trade at $79.03 a barrel.

AUD/USD was down 0.46% to 0.7541, while AUD/JPY fell 0.83% to 83.33.

The US Dollar Index Futures was up 0.10% at 93.60.

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