Australian equities decline at close of trade

Australian equities decline at close of trade

On Tuesday, Australian equities lost after the close because losses in the Metals & Mining, Gold as well as Resources sectors led stocks down.

The S&P/ASX 200 went down 0.87% in Sydney.

On the S&P/ASX 200 the best performers included such benchmarks as Fletcher Building Ltd, G8 Education Ltd and Invocare Ltd. They went up respectively 3.70%, 3.05% and 2.36%.

Meanwhile, Navitas Ltd, Credit Corp Group Ltd and Pilbara Minerals Ltd appeared to be the worst performers. They went down respectively 9.35%, 8.07% and 4.85%.    

On the Sydney Stock Exchange diving equities outclassed soaring ones by 860 to 403, while 349 didn’t change.

Indicating the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX tacked on 9.57% hitting 12.817, which is a fresh 1-month maximum.

The currency pair AUD/USD headed south 0.27% trading at 0.8071, AUD/JPY went down 0.46% showing a reading of 87.78.

As for the US Dollar Index Futures, it rallied 0.12% reaching 89.28.

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