What is pulling the stocks down?
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
Australian equities decline at close of trade
On Wednesday, Australian equities declined after the close. It’s because dips in the Telecoms Services, Energy as well as Resources sectors suppressed stocks.
The S&P/ASX 200 inched down 0.12%.
Rising 9.66%, 4.67% and 2.91% respectively, the benchmarks Seven Group Holdings Ltd, Brambles Ltd and Cleanaway Waste Management Ltd became the leaders of the session on the S&P/ASX 200.
On the contrary, TPG Telecom Ltd, Asaleo Care and Nanosonics Ltd lost 6.56%, 4.32% and 3.72% respectively, thus becoming the worst performers of the session.
Diving shares outclassed growing ones on the Sydney Stock Exchange by 589 to 554. Meanwhile, 371 didn’t change.
Stocks in TPG Telecom Ltd went down to 3-years minimums, diving 6.56% and getting to 5.130.
The S&P/ASX 200 VIX, tracking the implied volatility of S&P/ASX 200 options, demonstrated a 2.26% dip hitting 11.930 - a fresh 1-month minimum.
The currency pair AUD/USD grew 0.12% trading at 0.8020.
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Important events on February 17-21
Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
TESLA needs more money
Tesla stock drops in premarket trades on Thursday. Why? See the article (it's short) and use it to your advantage.
Latest news
ZAR: an intriguing speech
The South African Finance Minister is delivering a budget speech today. There may be a strong impact on ZAR, so what's going to happen?
CAD: is Canadian GDP puzzled?
Canadian monthly GDP will be out at 15:30 MT time on Friday.
The assets wrap: the best, the worst, and the most volatile
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
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