Virgin Galactic’s Branson flew to space, but the stock of Virgin Galactic (SPCE) dropped. Why?
Australian equities inch down at close of trade
On Thursday, Australian equities slumped after the close because losses in the Gold, Utilities as well as Industrials sectors suppressed shares.
The S&P/ASX 200 went down 0.83% to reach a fresh 6-months minimum.
The best performers of the session on the S&P/ASX 200 included G8 Education Ltd, Tassal Group Ltd and Santos Ltd. They inched up respectively 4.91%, 2.34% and 2.30%.
The losers were represented by Syrah Resources Ltd, Resolute Mining Ltd and Galaxy Resources Ltd. They slumped 6.75%, 5.65% and 5.82% respectively.
On the Sydney Stock Exchange diving stocks outnumbered advancing equities by 722 to 413, while 360 were intact.
Assessing the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 gained 12.93% trading at 13.494.
The currency pair AUD/USD decreased 0.73% being worth 0.7972, AUD/JPY went down 0.57% trading at 89.61.
The US Dollar Index Futures managed to grow 0.11% hitting 92.32.
What will happen? The FOMC statement will be published at 21:00 MT (GMT+3) on Wednesday, July 28…
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