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Thursday, August 11, 2016

Australia stocks lower at close of trade; S&P/ASX 200 down 0.71%

Stock market


Australia stocks were lower after the close on Thursday, as losses in the GoldTelecoms Services and Financials sectors led shares lower.
At the close in Australia, the S&P/ASX 200 fell 0.71%.
The best performers of the session on the S&P/ASX 200 were Mesoblast Ltd (AX:MB), which rose 13.83% or 0.175 points to trade at 1.440 at the close. Meanwhile, Automotive Group Holdings Ltd (AX:AHG) added 7.54% or 0.325 points to end at 4.635 and Magellan Financial Group Ltd (AX:MFG) was up 6.28% or 1.520 points to 25.730 in late trade.
The worst performers of the session were St Barbara Ltd (AX:SBM), which fell 6.19% or 0.200 points to trade at 3.030 at the close. Independence Group NL (AX:IGO) declined 4.48% or 0.190 points to end at 4.050 and AMP Ltd (AX:AMP) was down 4.09% or 0.240 points to 5.630.
Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 526 to 509 and 350 ended unchanged.
Shares in Automotive Group Holdings Ltd (AX:AHG) rose to all time highs; gaining 7.54% or 0.325 to 4.635.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 2.74% to 13.053.
Gold for December delivery was down 0.23% or 3.05 to $1348.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.17% or 0.07 to hit $41.64 a barrel, while the October Brent oil contract fell 0.14% or 0.06 to trade at $43.99 a barrel.
AUD/USD was down 0.03% to 0.7703, while AUD/JPY rose 0.15% to 78.17.
The US Dollar Index was up 0.14% at 95.72.
Source by Investing.com