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Australia stocks lower at close of trade; S&P/ASX 200 down 0.06%

Published 11/24/2017, 12:30 AM
Updated 11/24/2017, 12:35 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.06%

© Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 0.06%

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

At the close in Sydney, the S&P/ASX 200 declined 0.06%.

The best performers of the session on the S&P/ASX 200 were Mineral Resources Ltd (AX:MIN), which rose 7.89% or 1.480 points to trade at 20.230 at the close. Meanwhile, Aconex Ltd (AX:ACX) added 6.42% or 0.330 points to end at 5.470 and Japara Healthcare Ltd (AX:JHC) was up 3.85% or 0.080 points to 2.160 in late trade.

The worst performers of the session were Reliance Worldwide Corporation (Aust) Pty Ltd (AX:RWC), which fell 4.57% or 0.190 points to trade at 3.970 at the close. Link Administration Holdings Ltd (AX:LNK) declined 4.01% or 0.360 points to end at 8.620 and Webjet Ltd (AX:WEB) was down 3.17% or 0.310 points to 9.480.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 616 to 592 and 361 ended unchanged.

Shares in Mineral Resources Ltd (AX:MIN) rose to all time highs; up 7.89% or 1.480 to 20.230.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 7.31% to 11.103.

Gold Futures for December delivery was down 0.01% or 0.09 to $1292.11 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.69% or 0.40 to hit $58.42 a barrel, while the January Brent oil contract fell 0.22% or 0.14 to trade at $63.41 a barrel.

AUD/USD was up 0.01% to 0.7626, while AUD/JPY rose 0.26% to 85.03.

The US Dollar Index Futures was up 0.04% at 93.08.

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