Australia stocks lower at close of trade; S&P/ASX 200 down 0.64%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.64%

Jul 17, 2018

Australia stocks were lower after the close on Tuesday, as losses in the Energy, Resources and Utilities sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.64%.

The best performers of the session on the S&P/ASX 200 were Technology One Ltd (AX:TNE), which rose 8.56% or 0.375 points to trade at 4.755 at the close. Meanwhile, Metcash Ltd (AX:MTS) added 4.03% or 0.100 points to end at 2.580 and Seven West Media Ltd (AX:SWM) was up 2.65% or 0.023 points to 0.873 in late trade.

The worst performers of the session were Sigma Pharmaceuticals Ltd (AX:SIG), which fell 3.54% or 0.018 points to trade at 0.477 at the close. Worleyparsons Ltd (AX:WOR) declined 3.40% or 0.610 points to end at 17.330 and Wisetech Global Ltd (AX:WTC) was down 3.29% or 0.580 points to 17.070.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 675 to 511 and 345 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 5.83% to 12.991.

Gold Futures for August delivery was up 0.10% or 1.30 to $1241.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.24% or 0.16 to hit $66.91 a barrel, while the September Brent oil contract fell 0.21% or 0.15 to trade at $71.69 a barrel.

AUD/USD was up 0.11% to 0.7427, while AUD/JPY rose 0.20% to 83.48.

The US Dollar Index Futures was down 0.02% at 94.25.

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