Australian equities tumble at close of trade

Australian equities tumble at close of trade

On Tuesday, Australian equities declined after the close because losses in the Utilities, IT as well as Industrials sectors suppressed stocks.

The S&P/ASX 200 went down 0.02%.

The best performance on the S&P/ASX 200 was demonstrated by such benchmarks as independence Group NL, Beach Energy Ltd and Automotive Group Holdings Ltd. They soared respectively 4.21%, 3.79% and 2.19%.    

On the contrary Spark Infrastructure Group, Virtus Health Ltd and Galaxy Resources Ltd turned to be the losers, slumping respectively 4.46%, 3.90% and 3.79%.    

Declining equities outnumbered growing ones on the Sydney Stock Exchange by 663 to 512, while 351 were intact.

Gauging the implied volatility of S&P/ASX 200 options the S&P/ASX 200 VIX slumped 0.33% being worth 13.525.

The currency pair AUD/USD ascended 0.18% being worth 0.7959, AUD/JPY slumped 0.15% trading at 87.03.

The US Dollar Index Futures headed south 0.09% showing 92.49.

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