Australian equities inch down at close of trade

Australian equities inch down at close of trade

On Tuesday, Australian shares slumped after the close because losses in the Metals & Mining, Healthcare as well as Materials sectors weighed on shares.

The S&P/ASX 200 dipped 0.17% hitting a fresh 6-months peak.

The best performance of the session on the S&P/ASX 200 was demonstrated by Orocobre Ltd, TPG Telecom Ltd and Monadelphous Group Ltd. They went up 4.76%, 3.24% and 2.54% respectively.   

Meanwhile, losers were represented by such benchmarks as Bendigo And Adelaide Bank Ltd, Western Areas Ltd and Mineral Resources Ltd. They dived respectively 4.77%, 3.79% and 3.76%.    

Soaring stocks outnumbered declining equities on the Sydney Stock Exchange by 642, while 367 remained intact.

Equities in Monadelphous Group Ltd rallied to 3-years maximums, earing 2.54% reaching 16.970.

Estimating the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX managed to earn 0.29% showing a reading of 11.284.

The currency pair AUD/USD decreased 0.13% hitting 0.7678; AUD/JPY sank 0.21% reaching 86.83.



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