Australia stocks lower at close of trade; S&P/ASX 200 down 0.77%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.77%

Oct 17, 2019

Australia stocks were lower after the close on Thursday, as losses in the IT, Metals&Mining and Materials sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.77%.

The best performers of the session on the S&P/ASX 200 were Ioof Holdings Ltd (ASX:IFL), which rose 10.85% or 0.690 points to trade at 7.050 at the close. Meanwhile, Challenger Ltd (ASX:CGF) added 4.87% or 0.350 points to end at 7.540 and Alumina Ltd (ASX:AWC) was up 3.17% or 0.070 points to 2.280 in late trade.

The worst performers of the session were Wisetech Global Ltd (ASX:WTC), which fell 10.18% or 3.400 points to trade at 30.000 at the close. Northern Star Resources Ltd (ASX:NST) declined 8.44% or 0.940 points to end at 10.200 and Polynovo Ltd (ASX:PNV) was down 6.59% or 0.170 points to 2.410.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 645 to 508 and 319 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 2.19% to 13.323.

Gold Futures for December delivery was down 0.00% or 0.05 to $1493.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 1.03% or 0.55 to hit $52.81 a barrel, while the December Brent oil contract fell 0.93% or 0.55 to trade at $58.87 a barrel.

AUD/USD was up 0.32% to 0.6777, while AUD/JPY rose 0.32% to 73.70.

The US Dollar Index Futures was up 0.11% at 97.828.

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