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Australia shares lower at close of trade; S&P/ASX 200 down 2.83%

Published 25/10/2018, 05:00 pm
© Reuters.  Australia shares lower at close of trade; S&P/ASX 200 down 2.83%
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Investing.com – Australia equities were lower at the close on Thursday, as losses in the Healthcare, Metals & Mining and Consumer Discretionary sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 declined 2.83% to hit a new 52-week low.

The biggest gainers of the session on the S&P/ASX 200 were Lynas Corporation Ltd (AX:LYC), which rose 7.26% or 0.115 points to trade at 1.700 at the close. Cleanaway Waste Management Ltd (AX:CWY) added 5.04% or 0.085 points to end at 1.770 and Resolute Mining Ltd (AX:RSG) was up 3.41% or 0.035 points to 1.060 in late trade.

Biggest losers included AMP Ltd (AX:AMP), which lost 23.56% or 0.780 points to trade at 2.530 in late trade. Emeco Holdings Ltd (AX:EHL) declined 12.12% or 0.040 points to end at 0.290 and Super Retail Group Ltd (AX:SUL) shed 10.20% or 0.850 points to 7.480.

Declining stocks outnumbered rising ones by 1067 to 215 and 283 ended unchanged on the Sydney Stock Exchange.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 27.26% to 22.280 a new 52-week high.

In commodities trading, Gold Futures for December delivery was up 0.76% or 9.40 to $1240.50 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.73% or 0.49 to hit $66.33 a barrel, while the December Brent oil contract fell 0.66% or 0.50 to trade at $75.67 a barrel.

AUD/USD was up 0.20% to 0.7074, while AUD/JPY fell 0.08% to 79.19.

The US Dollar Index Futures was up 0.33% at 96.03.

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