Australia stocks lower at close of trade; S&P/ASX 200 down 3.05%

Australia stocks lower at close of trade; S&P/ASX 200 down 3.05%

Jun 11, 2020

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

At the close in Sydney, the S&P/ASX 200 fell 3.05%.

The best performers of the session on the S&P/ASX 200 were Northern Star Resources Ltd (ASX:NST), which rose 6.76% or 0.880 points to trade at 13.890 at the close. Meanwhile, Newcrest Mining Ltd (ASX:NCM) added 5.70% or 1.620 points to end at 30.040 and St Barbara Ltd (ASX:SBM) was up 5.33% or 0.160 points to 3.160 in late trade.

The worst performers of the session were Flight Centre Ltd (ASX:FLT), which fell 10.39% or 1.75 points to trade at 15.10 at the close. Credit Corp Group Ltd (ASX:CCP) declined 10.31% or 2.10 points to end at 18.27 and Webjet Ltd (ASX:WEB) was down 10.11% or 0.47 points to 4.18.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 943 to 328 and 345 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 13.84% to 20.169.

Gold Futures for August delivery was up 1.14% or 19.55 to $1740.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 3.41% or 1.35 to hit $38.25 a barrel, while the August Brent oil contract fell 2.92% or 1.22 to trade at $40.51 a barrel.

AUD/USD was down 0.95% to 0.6931, while AUD/JPY fell 0.95% to 74.22.

The US Dollar Index Futures was up 0.36% at 96.300.

Join Libertex!

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

Register
or start live trading now