Australia stocks lower at close of trade; S&P/ASX 200 down 1.05%

Australia stocks lower at close of trade; S&P/ASX 200 down 1.05%

Oct 23, 2018

Australia stocks were lower after the close on Tuesday, as losses in the Energy, Utilities and Resources sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 1.05%.

The best performers of the session on the S&P/ASX 200 were Bellamys Australia Ltd (AX:BAL), which rose 4.69% or 0.380 points to trade at 8.490 at the close. Meanwhile, Aveo Group (AX:AOG) added 4.08% or 0.080 points to end at 2.040 and Flight Centre Ltd (AX:FLT) was up 3.97% or 1.830 points to 47.910 in late trade.

The worst performers of the session were Resolute Mining Ltd (AX:RSG), which fell 11.26% or 0.130 points to trade at 1.025 at the close. Seven West Media Ltd (AX:SWM) declined 6.67% or 0.060 points to end at 0.840 and Washington H Soul Pattinson&Co Ltd (AX:SOL) was down 5.21% or 1.560 points to 28.400.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 820 to 368 and 326 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 6.82% to 18.146.

Gold Futures for December delivery was up 0.28% or 3.40 to $1228.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.36% or 0.25 to hit $69.11 a barrel, while the December Brent oil contract fell 0.43% or 0.34 to trade at $79.49 a barrel.

AUD/USD was down 0.27% to 0.7063, while AUD/JPY fell 0.58% to 79.44.

The US Dollar Index Futures was up 0.38% at 95.81.

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