Australia stocks lower at close of trade; S&P/ASX 200 down 1.01%

Australia stocks lower at close of trade; S&P/ASX 200 down 1.01%

Dec 04, 2018

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

At the close in Sydney, the S&P/ASX 200 declined 1.01%.

The best performers of the session on the S&P/ASX 200 were St Barbara Ltd (AX:SBM), which rose 3.91% or 0.160 points to trade at 4.250 at the close. Meanwhile, Elders Ltd (AX:ELD) added 3.07% or 0.210 points to end at 7.050 and Nanosonics Ltd (AX:NAN) was up 2.85% or 0.090 points to 3.250 in late trade.

The worst performers of the session were Syrah Resources Ltd (AX:SYR), which fell 8.03% or 0.145 points to trade at 1.660 at the close. Western Areas Ltd (AX:WSA) declined 7.63% or 0.180 points to end at 2.180 and Emeco Holdings Ltd (AX:EHL) was down 7.31% or 0.190 points to 2.410.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 777 to 378 and 321 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.03% to 14.827.

Gold Futures for February delivery was up 0.26% or 3.20 to $1242.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.83% or 0.44 to hit $53.39 a barrel, while the February Brent oil contract rose 0.81% or 0.50 to trade at $62.19 a barrel.

AUD/USD was up 0.15% to 0.7369, while AUD/JPY fell 0.30% to 83.37.

The US Dollar Index Futures was down 0.29% at 96.690.

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