Australia stocks lower at close of trade; S&P/ASX 200 down 0.79%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.79%

Sep 13, 2018

Australia stocks were lower after the close on Thursday, as losses in the Utilities, Healthcare and Consumer Staples sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.79% to hit a new 1-month low.

The best performers of the session on the S&P/ASX 200 were Syrah Resources Ltd (AX:SYR), which rose 4.67% or 0.105 points to trade at 2.355 at the close. Meanwhile, Ausdrill Ltd (AX:ASL) added 4.43% or 0.070 points to end at 1.650 and Sandfire Resources NL (AX:SFR) was up 3.67% or 0.240 points to 6.780 in late trade.

The worst performers of the session were G8 Education Ltd (AX:GEM), which fell 5.15% or 0.105 points to trade at 1.935 at the close. Mcmillan Shakespeare Ltd (AX:MMS) declined 3.43% or 0.610 points to end at 17.170 and Woolworths Ltd (AX:WOW) was down 3.31% or 0.940 points to 27.480.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 586 to 573 and 359 ended unchanged.

Shares in G8 Education Ltd (AX:GEM) fell to 5-year lows; down 5.15% or 0.105 to 1.935.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 4.01% to 13.421.

Gold Futures for December delivery was down 0.11% or 1.30 to $1209.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.65% or 0.46 to hit $69.91 a barrel, while the November Brent oil contract fell 0.50% or 0.40 to trade at $79.34 a barrel.

AUD/USD was up 0.15% to 0.7180, while AUD/JPY rose 0.31% to 80.02.

The US Dollar Index Futures was up 0.08% at 94.90.

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