Title: Australia stocks lower at close of trade; S&P/ASX 200 down 3.55%
Jun 14, 2022 03:45PM ET
Australian shares were down after the close on Tuesday, as losses in the energy, commodities, and IT sectors led stocks lower.
At the close in Sydney, the S & P/ASX 200 fell 3.55%, hitting a new 52-week low.
The best performers in the S & P/ASX 200 were Polynovo Ltd., which rose 7.79%, or 0.09 points, to close at 1.25. In late trading, Westgold Resources Ltd gained 3.86%, or 0.05 points, to close at 1.21, while Domino's Pizza Enterprises Ltd added 2.03%, or 1.27 points, to 63.68 in late trading.
Zip Co., Ltd. was the worst performer, falling 15.87% or 0.10 points to close at 0.53. Unibail Rodamco Westfield fell 11.70% or 0.53 points to close at 4.00, and Mesoblast Ltd fell 10.26% or 0.08 points to close at 0.70.
On the Sydney Stock Exchange, falling shares outweighed rising ones by 1584 to 132, and 209 ended unchanged.
Shares of Zip Co Ltd fell to a 5-year low, down 15.87% or 0.10 to 0.53. Unibail Rodamco Westfield shares fell to a 52-week low, down 11.70% or 0.53 to 4.00. Mesoblast Ltd shares fell to a 5-year low, down 10.26% or 0.08 to 0.70.
The S&P/ASX 200 VIX, which measures implied volatility of S&P/ASX 200 options, increased 22.41% to 21.85, setting a new 52-week high.
The AUD/USD was unchanged at 0.70, while the AUD/JPY rose 0.45% to 93.43.
Futures on the US dollar index fell 0.33% to 104.61.