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Australia shares end the day lower

written by Bella Palmer

At the close in Sydney, the S&P/ASX 200 dropped 0.50%

Stocks in Australia were down after the close on Thursday, as losses in the Metals & Mining, Resources and Materials sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 dropped 0.50%.

The best performers of the session on the S&P/ASX 200 were NRW Holdings Ltd, which added 17.42% or 0.29 points to trade at 1.96 at the close. Meanwhile, Chorus Ltd gained 14.24% or 0.86 points to end the day at 6.90 and Netwealth Group Ltd was up 8.01% or 1.14 points to 15.38 in late trade.

The worst performers of the session on the exchange were Codan Ltd, which dropped 8.28% or 1.46 points to trade at 16.18 at the close. Sims Metal Management Ltd shed 7.57% or 1.22 points to finish the day at 14.90 and Mineral Resources Ltd was down 6.61% or 3.70 points to 52.30.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 764 to 584 and 410 ended the day unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 12.87% to 12.397.

Gold Futures for December delivery was down 0.14% or 2.45 to $1781.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October dropped 2.82% or 1.84 to reach $63.37 a barrel, while the October Brent oil contract declined 2.37% or 1.62 to trade at $66.61 a barrel.

AUD/USD was down 0.87% to 0.7168, while AUD/JPY shed 0.80% to 78.71.

The US Dollar Index Futures was up 0.32% at 93.442.


This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

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