Australian equities dive at close of trade

Australian equities dive at close of trade

On Monday, Australian shares lost after the close due to the fact losses in the Utilities, Consumer Discretionary as well as Financials sectors suppressed stocks.

The S&P/ASX 200 went down 0.19% in Sydney.

On the S&P/ASX 200 the best performance was demonstrated by Seven Group Holdings Ltd, APN Outdoor Group Ltd and Southern Cross Media Group Ltd. They edged up 7.97%, 4.41% and 3.65% respectively.

Meanwhile, the top losers included such benchmarks as Australian Agricultural Company Ltd, Domain Holdings Australia Ltd and Myob Group Ltd. They sank respectively 4.06%, 3.80% and 3.54%.   

Diving stocks managed to supplant advancing equities on the Sydney Stock Exchange by 687 to 541, while 347 were intact.

Stocks in Seven Group Holdings Ltd rallied to all time maximums, gaining 7.97% and reaching 14.285. Equities in Australian Agricultural Company Ltd went down to 52-week minimums, diving 4.06% and getting to 1.300. Besides this, equities in Domain Holdings Australia Ltd went down to all time minimums, decreasing 3.80% being worth 3.540.

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