Australia stocks lower at close of trade; S&P/ASX 200 down 0.38%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.38%

Nov 20, 2018

Australia stocks were lower after the close on Tuesday, as losses in the IT, Healthcare and Consumer Discretionary sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.38%.

The best performers of the session on the S&P/ASX 200 were Saracen Mineral Holdings Ltd (AX:SAR), which rose 3.17% or 0.080 points to trade at 2.600 at the close. Meanwhile, Pact Group Holdings Ltd (AX:PGH) added 2.32% or 0.080 points to end at 3.530 and St Barbara Ltd (AX:SBM) was up 1.89% or 0.080 points to 4.310 in late trade.

The worst performers of the session were Fletcher Building Ltd (AX:FBU), which fell 10.81% or 0.560 points to trade at 4.620 at the close. Altium Ltd (AX:ALU) declined 9.40% or 2.220 points to end at 21.390 and Orocobre Ltd (AX:ORE) was down 7.40% or 0.370 points to 4.630.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 796 to 336 and 374 ended unchanged.

Shares in Fletcher Building Ltd (AX:FBU) fell to 5-year lows; down 10.81% or 0.560 to 4.620.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.87% to 17.400.

Gold Futures for December delivery was down 0.16% or 2.00 to $1223.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.38% or 0.22 to hit $56.98 a barrel, while the January Brent oil contract fell 0.57% or 0.38 to trade at $66.41 a barrel.

AUD/USD was down 0.23% to 0.7277, while AUD/JPY fell 0.26% to 81.89.

The US Dollar Index Futures was up 0.04% at 96.10.

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