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Australia stocks lower at close of trade; S&P/ASX 200 down 0.15%

2022.06.16 11:06

Australia stocks lower at close of trade; S&P/ASX 200 down 0.15%
Australia stocks lower at close of trade; S&P/ASX 200 down 0.15%

Investing.com – Australia stocks were lower after the close on Thursday, as losses in the Utilities, Industrials and Consumer Staples sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.15% to hit a new 52-week low.

The best performers of the session on the S&P/ASX 200 were Resolute Mining Ltd (ASX:RSG), which rose 10.42% or 0.03 points to trade at 0.26 at the close. Meanwhile, AP Eagers Ltd (ASX:APE) added 5.44% or 0.48 points to end at 9.30 and Appen Ltd (ASX:APX) was up 5.10% or 0.26 points to 5.36 in late trade.

The worst performers of the session were Link Administration Holdings Ltd (ASX:LNK), which fell 10.43% or 0.39 points to trade at 3.35 at the close. Inghams Group Ltd (ASX:ING) declined 4.44% or 0.12 points to end at 2.58 and Sims Metal Management Ltd (ASX:SGM) was down 4.05% or 0.65 points to 15.38.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 877 to 575 and 390 ended unchanged.

Shares in Link Administration Holdings Ltd (ASX:LNK) fell to 52-week lows; losing 10.43% or 0.39 to 3.35. Shares in Inghams Group Ltd (ASX:ING) fell to all time lows; losing 4.44% or 0.12 to 2.58.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 3.36% to 21.41.

Gold Futures for August delivery was up 0.48% or 8.80 to $1,828.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.30% or 0.35 to hit $115.66 a barrel, while the August Brent oil contract rose 0.29% or 0.34 to trade at $118.85 a barrel.

AUD/USD was unchanged 0.65% to 0.70, while AUD/JPY fell 0.26% to 93.47.

The US Dollar Index Futures was up 0.30% at 105.25.

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