Title: Australia stocks lower at close of trade; S&P/ASX 200 down 2.74%

Jan 06, 2022 02:45AM ET

By: AnalysisWatch

Australian offers fell after the nearby on Thursday as misfortunes in the IT, A-REITs, and gold areas drove stocks lower.

At the nearby in Sydney, the S and P/ASX 200 was down 2.74%.

Rio Tinto Ltd. was the best entertainer on the S and P/ASX 200, rising 0.73%, or 0.730 focuses, to close at 101.210. In late exchange, OZ Minerals Ltd acquired 0.59%, or 0.17 focuses, to close at 28.95, while Clinuvel Pharmaceuticals Ltd rose 0.41%, or 0.11 focuses, to 26.88 in late exchange.

Afterpay Touch Group Ltd was the worst performer, falling 10.76%, or 8.66 points, to close at 71.85. Seek Ltd fell 7.31%, or 2.43 points, to close at 30.83, while Platinum Asset Management Ltd fell 7.27%, or 0.20 points, to close at 2.55.

On the Sydney Stock Exchange, falling shares outweighed rising ones by 1091 to 371, with 352 ending unchanged.

Afterpay Touch Group Ltd shares fell 10.76%, or 8.66, to 71.85, a 52-week low.OZ Minerals Ltd shares rose 0.59%, or 0.17, to 28.95, a 5-year high Platinum Asset Management Ltd shares fell 7.27%, or 0.20 to 2.55, to an all-time low.

The S&P/ASX 200 VIX, which measures implied volatility of S&P/ASX 200 options, increased 23.83% to 13.525.