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Australia shares lower at close of trade; S&P/ASX 200 down 0.83%

Published 17/10/2016, 06:30
Updated 17/10/2016, 06:30
© Reuters.  Australia shares lower at close of trade; S&P/ASX 200 down 0.83%

Investing.com – Australia equities were lower at the close on Monday, as losses in the Consumer Discretionary, Real Estate Investment and Gold sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.83%.

The biggest gainers of the session on the S&P/ASX 200 were Infigen Energy (AX:IFN), which rose 4.90% or 0.038 points to trade at 0.802 at the close. A2 Milk Company Ltd (AX:A2M) added 3.89% or 0.070 points to end at 1.870 and Whitehaven Coal Ltd (AX:WHC) was up 3.48% or 0.100 points to 2.970 in late trade.

Biggest losers included Crown Ltd (AX:CWN), which lost 13.67% or 1.770 points to trade at 11.180 in late trade. Saracen Mineral Holdings Ltd (AX:SAR) declined 4.79% or 0.058 points to end at 1.143 and Resolute Mining Ltd (AX:RSG) shed 4.18% or 0.070 points to 1.605.

Declining stocks outnumbered rising ones by 682 to 385 and 306 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 3.38% to 14.602.

In commodities trading, Gold for December delivery was up 0.04% or 0.55 to $1256.05 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.24% or 0.12 to hit $50.23 a barrel, while the December Brent oil contract fell 0.08% or 0.04 to trade at $51.91 a barrel.

AUD/USD was down 0.14% to 0.7606, while AUD/JPY fell 0.30% to 79.20.

The US Dollar Index was down 0.05% at 98.03.

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