Virgin Galactic’s Branson flew to space, but the stock of Virgin Galactic (SPCE) dropped. Why?
Australian equities dive at close of trade
On Tuesday, Australian equities dipped after the close because losses in the Consumer Discretionary, IT as well as Healthcare sectors put pressure on stocks.
The S&P/ASX 200 went down 0.24%.
On the S&P/ASX 200 the best performers were Galaxy Resources Ltd, Santos Ltd and Beach Energy Ltd. They managed to gain respectively 6.40%, 3.47% and 3.25%.
Meanwhile, the worst performance was demonstrated by such benchmarks as Premier Investments Ltd, Platinum Asset Management Ltd and Seven West Media Ltd. They dived 4.48%, 3.83% and 3.65% respectively.
Slumping equities outperformed growing stocks on the Sydney Stock Exchange by 636 to 535. Meanwhile, 350 didn’t change.
The S&P/ASX 200 VIX that gauges the implied volatility of S&P/ASX 200 options gained 0.09% being worth 12.309.
The currency pair AUD/USD acquired 0.06% reaching 0.7942. At the same time AUD/JPY sank 0.01% showing an outcome of 88.66.
The US Dollar Index Futures soared 0.01% hitting 92.45.
What will happen? The FOMC statement will be published at 21:00 MT (GMT+3) on Wednesday, July 28…
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