Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Australia stocks lower at close of trade; S&P/ASX 200 down 0.39%

Published 08/01/2016, 06:00 pm
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.39%

Investing.com – Australia stocks were lower after the close on Friday, as losses in the IT, Consumer Discretionary and Financials sectors led shares lower.

At the close in Australia, the S&P/ASX 200 fell 0.39%.

The best performers of the session on the S&P/ASX 200 were Western Areas Ltd (AX:WSA), which rose 7.39% or 0.150 points to trade at 2.180 at the close. Meanwhile, Monadelphous Group Ltd (AX:MND) added 5.00% or 0.320 points to end at 6.720 and Woodside Petroleum Ltd (AX:WPL) was up 4.64% or 1.250 points to 28.190 in late trade.

The worst performers of the session were Bega Cheese Ltd (AX:BGA), which fell 6.05% or 0.480 points to trade at 7.450 at the close. Slater & Gordon Ltd (AX:SGH) declined 4.83% or 0.035 points to end at 0.690 and Platinum Asset Management Ltd (AX:PTM) was down 4.58% or 0.340 points to 7.080.

Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 623 to 384 and 134 ended unchanged.

Shares in Slater & Gordon Ltd (AX:SGH) fell to all time lows; losing 4.83% or 0.035 to 0.690.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.63% to 22.198.

Gold for February delivery was down 0.53% or 5.90 to $1101.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.16% or 0.72 to hit $33.99 a barrel, while the February Brent oil contract rose 2.49% or 0.84 to trade at $34.56 a barrel.

AUD/USD was up 0.62% to 0.7056, while AUD/JPY rose 1.31% to 83.58.

The US Dollar Index was up 0.55% at 98.83.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.