Australia stocks lower at close of trade; S&P/ASX 200 down 0.34%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.34%

Dec 10, 2019

Australia stocks were lower after the close on Tuesday, as losses in the A-REITs, Industrials and Energy sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.34%.

The best performers of the session on the S&P/ASX 200 were Speedcast International Ltd (ASX:SDA), which rose 5.56% or 0.040 points to trade at 0.760 at the close. Meanwhile, Orocobre Ltd (ASX:ORE) added 3.69% or 0.090 points to end at 2.530 and A2 Milk Company Ltd (ASX:A2M) was up 3.08% or 0.430 points to 14.400 in late trade.

The worst performers of the session were Avita Medical (ASX:AVH), which fell 4.39% or 0.025 points to trade at 0.545 at the close. Metcash Ltd (ASX:MTS) declined 4.01% or 0.110 points to end at 2.630 and Perenti Global Ltd (ASX:PRN) was down 3.17% or 0.065 points to 1.985.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 710 to 413 and 337 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 2.48% to 12.742.

Gold Futures for February delivery was up 0.11% or 1.55 to $1466.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.12% or 0.07 to hit $58.95 a barrel, while the February Brent oil contract fell 0.12% or 0.08 to trade at $64.17 a barrel.

AUD/USD was up 0.07% to 0.6826, while AUD/JPY rose 0.14% to 74.15.

The US Dollar Index Futures was down 0.01% at 97.600.

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