Australia stocks lower at close of trade; S&P/ASX 200 down 0.47%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.47%

Jul 31, 2019

Australia stocks were lower after the close on Wednesday, as losses in the Utilities, Consumer Discretionary and Financials sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.47%.

The best performers of the session on the S&P/ASX 200 were IPH Ltd (ASX:IPH), which rose 4.64% or 0.370 points to trade at 8.340 at the close. Meanwhile, St Barbara Ltd (ASX:SBM) added 3.93% or 0.140 points to end at 3.700 and Orica Ltd (ASX:ORI) was up 3.74% or 0.790 points to 21.890 in late trade.

The worst performers of the session were Adelaide Brighton Ltd (ASX:ABC), which fell 18.06% or 0.780 points to trade at 3.540 at the close. CYBG PLC (ASX:CYB) declined 13.41% or 0.480 points to end at 3.100 and Boral Ltd. (ASX:BLD) was down 8.02% or 0.450 points to 5.160.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 719 to 529 and 348 ended unchanged.

Shares in IPH Ltd (ASX:IPH) rose to 3-years highs; rising 4.64% or 0.370 to 8.340. Shares in CYBG PLC (ASX:CYB) fell to all time lows; falling 13.41% or 0.480 to 3.100. Shares in Orica Ltd (ASX:ORI) rose to 3-years highs; up 3.74% or 0.790 to 21.890.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 6.44% to 12.325.

Gold Futures for August delivery was up 0.21% or 3.05 to $1432.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.69% or 0.40 to hit $58.45 a barrel, while the October Brent oil contract rose 0.79% or 0.51 to trade at $65.14 a barrel.

AUD/USD was up 0.39% to 0.6897, while AUD/JPY rose 0.32% to 74.85.

The US Dollar Index Futures was down 0.04% at 97.773.

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