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Australia shares lower at close of trade; S&P/ASX 200 down 0.51%

Stock MarketsApr 11, 2018 07:05
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© Reuters. Australia shares lower at close of trade; S&P/ASX 200 down 0.51%

Investing.com – Australia equities were lower at the close on Wednesday, as losses in the Telecoms Services, Utilities and Consumer Staples sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.51%.

The biggest gainers of the session on the S&P/ASX 200 were Retail Food Group Ltd (AX:RFG), which rose 7.98% or 0.075 points to trade at 1.015 at the close. Worleyparsons Ltd (AX:WOR) added 4.48% or 0.640 points to end at 14.910 and Genworth Mortgage Insurance Australia Ltd (AX:GMA) was up 4.37% or 0.100 points to 2.390 in late trade.

Biggest losers included Wisetech Global Ltd (AX:WTC), which lost 5.03% or 0.500 points to trade at 9.450 in late trade. Orocobre Ltd (AX:ORE) declined 4.00% or 0.200 points to end at 4.800 and Navitas Ltd (AX:NVT) shed 4.21% or 0.195 points to 4.435.

Advancing stocks outnumbered falling ones by 632 to 571 and 378 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 down 0.53% to 13.990.

In commodities trading, Gold Futures for June delivery was up 0.01% or 0.10 to $1346.00 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.31% or 0.20 to hit $65.31 a barrel, while the June Brent oil contract fell 0.46% or 0.33 to trade at $70.71 a barrel.

AUD/USD was down 0.18% to 0.7747, while AUD/JPY fell 0.30% to 82.95.

The US Dollar Index Futures was down 0.06% at 89.27.

Australia shares lower at close of trade; S&P/ASX 200 down 0.51%
 

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