Australia stocks lower at close of trade; S&P/ASX 200 down 0.92%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.92%

Apr 16, 2020

Australia stocks were lower after the close on Thursday, as losses in the Consumer Discretionary, Energy and Materials sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.92%.

The best performers of the session on the S&P/ASX 200 were Mayne Pharma Group Ltd (ASX:MYX), which rose 11.59% or 0.040 points to trade at 0.385 at the close. Meanwhile, Star Entertainment Group Ltd (ASX:SGR) added 9.40% or 0.22 points to end at 2.56 and Ingenia Communities Group (ASX:INA) was up 6.91% or 0.23 points to 3.56 in late trade.

The worst performers of the session were Corporate Travel Managment Ltd (ASX:CTD), which fell 15.97% or 1.75 points to trade at 9.21 at the close. Flight Centre Ltd (ASX:FLT) declined 12.87% or 1.61 points to end at 10.90 and Whitehaven Coal Ltd (ASX:WHC) was down 9.95% or 0.205 points to 1.855.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 823 to 418 and 290 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 13.15% to 32.552.

Gold Futures for June delivery was up 0.81% or 14.10 to $1754.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.65% or 0.13 to hit $20.00 a barrel, while the June Brent oil contract rose 0.94% or 0.26 to trade at $27.95 a barrel.

AUD/USD was down 0.24% to 0.6303, while AUD/JPY rose 0.01% to 67.91.

The US Dollar Index Futures was up 0.25% at 99.730.

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