Australia stocks lower at close of trade; S&P/ASX 200 down 0.94%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.94%

Feb 26, 2019

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

At the close in Sydney, the S&P/ASX 200 fell 0.94%.

The best performers of the session on the S&P/ASX 200 were Speedcast International Ltd (AX:SDA), which rose 13.13% or 0.440 points to trade at 3.790 at the close. Meanwhile, Orocobre Ltd (AX:ORE) added 7.08% or 0.250 points to end at 3.780 and Automotive Group Holdings Ltd (AX:AHG) was up 6.90% or 0.140 points to 2.170 in late trade.

The worst performers of the session were Afterpay Touch Group Ltd (AX:APT), which fell 11.46% or 2.350 points to trade at 18.150 at the close. Alumina Ltd (AX:AWC) declined 8.03% or 0.220 points to end at 2.520 and Wesfarmers Ltd (AX:WES) was down 7.41% or 2.610 points to 32.610.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 687 to 470 and 355 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 5.73% to 12.256.

Gold Futures for April delivery was up 0.09% or 1.15 to $1330.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.50% or 0.28 to hit $55.20 a barrel, while the May Brent oil contract fell 0.26% or 0.17 to trade at $64.74 a barrel.

AUD/USD was down 0.15% to 0.7155, while AUD/JPY fell 0.39% to 79.26.

The US Dollar Index Futures was down 0.02% at 96.255.

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now