Australia stocks lower at close of trade; S&P/ASX 200 down 0.36%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.36%

Jul 26, 2019

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

At the close in Sydney, the S&P/ASX 200 fell 0.36%.

The best performers of the session on the S&P/ASX 200 were Mineral Resources Ltd (ASX:MIN), which rose 8.33% or 1.280 points to trade at 16.650 at the close. Meanwhile, Resmed Inc DRC (ASX:RMD) added 5.67% or 1.020 points to end at 19.010 and NRW Holdings Ltd (ASX:NWH) was up 2.07% or 0.050 points to 2.460 in late trade.

The worst performers of the session were Speedcast International Ltd (ASX:SDA), which fell 8.42% or 0.170 points to trade at 1.850 at the close. IPH Ltd (ASX:IPH) declined 4.93% or 0.400 points to end at 7.710 and G.U.D. Holdings Ltd (ASX:GUD) was down 4.90% or 0.520 points to 10.100.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 668 to 533 and 380 ended unchanged.

Shares in Resmed Inc DRC (ASX:RMD) rose to all time highs; gaining 5.67% or 1.020 to 19.010.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.33% to 11.037.

Gold Futures for August delivery was up 0.13% or 1.85 to $1416.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.46% or 0.26 to hit $56.28 a barrel, while the September Brent oil contract rose 0.25% or 0.16 to trade at $63.55 a barrel.

AUD/USD was down 0.14% to 0.6940, while AUD/JPY fell 0.17% to 75.38.

The US Dollar Index Futures was up 0.03% at 97.583.

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