Australia stocks lower at close of trade; S&P/ASX 200 down 2.02%

Australia stocks lower at close of trade; S&P/ASX 200 down 2.02%

Mar 31, 2020

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

At the close in Sydney, the S&P/ASX 200 fell 2.02%.

The best performers of the session on the S&P/ASX 200 were Credit Corp Group Ltd (ASX:CCP), which rose 25.48% or 2.78 points to trade at 13.69 at the close. Meanwhile, EML Payments Ltd (ASX:EML) added 23.32% or 0.43 points to end at 2.30 and G8 Education Ltd (ASX:GEM) was up 19.29% or 0.135 points to 0.835 in late trade.

The worst performers of the session were Resolute Mining Ltd (ASX:RSG), which fell 12.43% or 0.115 points to trade at 0.810 at the close. Unibail Rodamco Westfield (ASX:URW) declined 12.04% or 0.59 points to end at 4.31 and Coles Group Ltd (ASX:COL) was down 9.87% or 1.66 points to 15.16.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 851 to 379 and 245 ended unchanged.

Shares in Unibail Rodamco Westfield (ASX:URW) fell to all time lows; falling 12.04% or 0.59 to 4.31.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 15.04% to 35.629.

Gold Futures for June delivery was down 0.53% or 8.70 to $1634.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 5.18% or 1.04 to hit $21.13 a barrel, while the June Brent oil contract rose 1.59% or 0.42 to trade at $26.84 a barrel.

AUD/USD was up 0.11% to 0.6179, while AUD/JPY rose 0.71% to 66.97.

The US Dollar Index Futures was up 0.28% at 99.555.

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