Title: Australia stocks lower at close of trade; S&P/ASX 200 down 0.38%
Sep 06, 2022 03:45AM ET
Australia stocks were lower after the close on Tuesday, as losses in the Utilities, Materials and Industrials sectors led shares lower.
At the close in Sydney, the S&P/ASX 200 declined 0.38% to hit a new 1-month low.
The best performers of the session on the S&P/ASX 200 were Pilbara Minerals Ltd which rose 7.03% or 0.26 points to trade at 3.96 at the close. Meanwhile, Mega port Ltd added 5.22% or 0.36 points to end at 7.26 and UNIX Ltd was up 4.80% or 0.03 points to 0.66 in late trade.
The worst performers of the session were Super Retail Group Ltd, which fell 6.21% or 0.64 points to trade at 9.66 at the close. Codon Ltd declined 5.63% or 0.38 points to end at 6.37 and Beeville Group Ltd was down 4.94% or 1.08 points to 20.80.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 670 to 639 and 386 ended unchanged.
Shares in Pilbara Minerals Ltd rose to all-time highs; gaining 7.03% or 0.26 to 3.96. Shares in Codon Ltd fell to 52-week lows; falling 5.63% or 0.38 to 6.37.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.77% to 15.18.
Gold Futures for December delivery was up 0.25% or 4.30 to $1,726.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 2.81% or 2.44 to hit $89.31 a barrel, while the November Brent oil contract rose 0.05% or 0.05 to trade at $95.79 a barrel.
AUD/USD was unchanged 0.11% to 0.68, while AUD/JPY rose 0.64% to 96.14.
The US Dollar Index Futures was down 0.05% at 109.46