Australia stocks lower at close of trade; S&P/ASX 200 down 0.87%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.87%

© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.87% © Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 0.87%

Investing.com – Australia stocks were lower after the close on Thursday, as losses in the Gold, A-REITs and Utilities sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.87%.

The best performers of the session on the S&P/ASX 200 were CSR Ltd (ASX:CSR), which rose 3.39% or 0.190 points to trade at 5.790 at the close. Meanwhile, ARB Corporation Ltd (ASX:ARB) added 2.74% or 1.03 points to end at 38.61 and Netwealth Group Ltd (ASX:NWL) was up 2.64% or 0.46 points to 17.90 in late trade.

The worst performers of the session were Origin Energy Ltd (ASX:ORG), which fell 6.85% or 0.340 points to trade at 4.620 at the close. Ramelius Resources Ltd (ASX:RMS) declined 5.54% or 0.085 points to end at 1.450 and NRW Holdings Ltd (ASX:NWH) was down 5.50% or 0.17 points to 2.92.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 787 to 600 and 317 ended unchanged.

Shares in CSR Ltd (ASX:CSR) rose to 5-year highs; rising 3.39% or 0.190 to 5.790. Shares in ARB Corporation Ltd (ASX:ARB) rose to all time highs; gaining 2.74% or 1.03 to 38.61.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.81% to 14.760.

Gold Futures for April delivery was down 0.47% or 8.65 to $1826.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.92% or 0.51 to hit $56.20 a barrel, while the April Brent oil contract rose 0.49% or 0.29 to trade at $58.98 a barrel.

AUD/USD was up 0.16% to 0.7630, while AUD/JPY rose 0.36% to 80.28.

The US Dollar Index Futures was up 0.24% at 91.317.

Original Article

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