Australia stocks lower at close of trade; S&P/ASX 200 down 0.82%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.82%

May 06, 2019

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

At the close in Sydney, the S&P/ASX 200 fell 0.82%.

The best performers of the session on the S&P/ASX 200 were Regis Resources Ltd (AX:RRL), which rose 3.00% or 0.130 points to trade at 4.470 at the close. Meanwhile, Domain Holdings Australia Ltd (AX:DHG) added 2.83% or 0.080 points to end at 2.910 and Vocus Group Ltd (AX:VOC) was up 2.03% or 0.080 points to 4.030 in late trade.

The worst performers of the session were Cimic Group Ltd (AX:CIM), which fell 7.07% or 3.540 points to trade at 46.500 at the close. Bellamys Australia Ltd (AX:BAL) declined 6.99% or 0.730 points to end at 9.720 and Emeco Holdings Ltd (AX:EHL) was down 6.76% or 0.140 points to 1.930.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 836 to 376 and 351 ended unchanged.

Shares in Vocus Group Ltd (AX:VOC) rose to 52-week highs; up 2.03% or 0.080 to 4.030.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 19.27% to 14.103 a new 3-months high.

Gold Futures for June delivery was up 0.18% or 2.25 to $1283.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 2.24% or 1.39 to hit $60.55 a barrel, while the July Brent oil contract fell 2.15% or 1.52 to trade at $69.33 a barrel.

AUD/USD was down 0.49% to 0.6988, while AUD/JPY rose 0.19% to 77.35.

The US Dollar Index Futures was up 0.08% at 97.333.

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