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Australia shares lower at close of trade; S&P/ASX 200 down 0.74%

Published 02/03/2018, 05:30
Updated 02/03/2018, 05:35
© Reuters.  Australia shares lower at close of trade; S&P/ASX 200 down 0.74%
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Investing.com – Australia equities were lower at the close on Friday, as losses in the Telecoms Services, IT and Industrials sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.74%.

The biggest gainers of the session on the S&P/ASX 200 were Saracen Mineral Holdings Ltd (AX:SAR), which rose 2.41% or 0.040 points to trade at 1.700 at the close. Regis Resources Ltd (AX:RRL) added 2.11% or 0.090 points to end at 4.360 and Domino'S Pizza Enterprises Ltd (AX:DMP) was up 2.10% or 0.820 points to 39.800 in late trade.

Biggest losers included Galaxy Resources Ltd (AX:GXY), which lost 6.61% or 0.220 points to trade at 3.110 in late trade. Myer Holdings Ltd (AX:MYR) declined 5.88% or 0.025 points to end at 0.400 and Syrah Resources Ltd (AX:SYR) shed 5.36% or 0.180 points to 3.180.

Declining stocks outnumbered rising ones by 786 to 473 and 339 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 8.40% to 15.010.

In commodities trading, Gold Futures for April delivery was up 1.02% or 13.30 to $1318.50 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.02% or 0.01 to hit $60.98 a barrel, while the May Brent oil contract rose 0.17% or 0.11 to trade at $63.94 a barrel.

AUD/USD was down 0.01% to 0.7754, while AUD/JPY fell 0.12% to 82.28.

The US Dollar Index Futures was down 0.06% at 90.17.

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