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Title: Australia stocks lower at close of trade; S&P/ASX 200 down 0.56%

Jul 19, 2022 03:45AM ET

By: AnalysisWatch

Australian shares traded lower after the close on Tuesday as losses in the IT, healthcare and telecom services sectors led stocks lower.

At the close in Sydney, the S&P/ASX 200 was down 0.56%.

The best performers of the session on the S&P/ASX 200 were Pendal Group Ltd (ASX:PDL), which rose 7.79% or 0.32 points to trade at 4.43 at the close. Meanwhile, Mesoblast Ltd (ASX:MSB) added 7.60% or 0.07 points to end at 0.92 and Whitehaven Coal Ltd (ASX:WHC) was up 5.25% or 0.31 points to 6.21 in late trade.

The worst performers of the session were Xero Ltd (ASX:XRO), which fell 6.02% or 5.30 points to trade at 82.73 at the close. Points bet Holdings Ltd was down 5.99% or 0.16 points to end at 2.51 and Nuix Ltd (ASX:NXL) was down 5.51% or 0.04 points to 0.60.

Falling shares outnumbered rising ones on the Sydney Stock Exchange by 633 to 627 and 405 ended unchanged.

Shares in Whitehaven Coal Ltd (ASX:WHC) rose to 5-year highs; gaining 5.25% or 0.31 to 6.21. Shares in Nuix Ltd (ASX:NXL) fell to all-time lows; losing 5.51% or 0.04 to 0.60.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.56% at 17.27.

Gold futures for August delivery fell 0.17

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