Australian equities decline at close of trade

Australian equities decline at close of trade

On Tuesday, Australian equities slumped after the close because losses in the Telecoms Services, Utilities and Energy sectors suppressed stocks.

The S&P/ASX 200 went down 0.47%.

On the S&P/ASX 200 the winners were represented by A2 Milk Company Ltd, Blackmores Ltd and Nine Entertainment Co Holdings Ltd. They tacked on respectively 6.46%, 6.17% and 3.29%.

As for the worst performers, Retail Food Group Ltd, Speedcast International Ltd and Nanosonics Ltd dived respectively 4.26%, 4.10% and 3.72%.

On the Sydney Stock Exchange diving stocks outnumbered growing equities by 678 to 597, while 383 were intact.

Gauging the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX gained 4.01% being worth 11.563, which is a fresh 1-month maximum.

The currency pair AUD/USD stood still, sticking to 0.7966, AUD/JPY tacked on 0.33% trading at 88.33.

As for the US Dollar Index Futures, it ascended 0.13% hitting 90.25.

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