Australia stocks lower at close of trade; S&P/ASX 200 down 1.76%
2022.06.17 10:51
Australia stocks lower at close of trade; S&P/ASX 200 down 1.76%
Investing.com – Australia stocks were lower after the close on Friday, as losses in the Metals & Mining, Materials and Resources sectors led shares lower.
At the close in Sydney, the S&P/ASX 200 declined 1.76% to hit a new 52-week low.
The best performers of the session on the S&P/ASX 200 were EML Payments Ltd (ASX:EML), which rose 9.43% or 0.13 points to trade at 1.45 at the close. Meanwhile, Carsales.Com Ltd (ASX:CAR) added 8.08% or 1.49 points to end at 19.92 and Westgold Resources Ltd (ASX:WGX) was up 7.29% or 0.09 points to 1.33 in late trade.
The worst performers of the session were GUD Holdings Ltd (ASX:GUD), which fell 19.56% or 1.88 points to trade at 7.73 at the close. Hub24 Ltd (ASX:HUB) declined 7.46% or 1.45 points to end at 18.00 and Harvey Norman Holdings Ltd (ASX:HVN) was down 6.58% or 0.25 points to 3.55.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 1000 to 471 and 367 ended unchanged.
Shares in GUD Holdings Ltd (ASX:GUD) fell to 52-week lows; losing 19.56% or 1.88 to 7.73. Shares in Hub24 Ltd (ASX:HUB) fell to 52-week lows; down 7.46% or 1.45 to 18.00. Shares in Harvey Norman Holdings Ltd (ASX:HVN) fell to 52-week lows; falling 6.58% or 0.25 to 3.55.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 10.47% to 23.65 a new 52-week high.
Gold Futures for August delivery was up 0.10% or 1.80 to $1,851.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.61% or 0.72 to hit $118.31 a barrel, while the August Brent oil contract rose 0.58% or 0.69 to trade at $120.50 a barrel.
AUD/USD was down 0.75% to 0.70, while AUD/JPY rose 0.69% to 93.79.
The US Dollar Index Futures was up 0.59% at 104.03.
