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Australia stocks lower at close of trade; S&P/ASX 200 down 2.49% -Breaking

by Mike Robinson

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© Reuters Australia stocks lower at close of trade; S&P/ASX 200 down 2.49%

Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower.

After the Sydney closing, the index fell 2.49% to a new six-month low.

They were the top performers at the session Codan Ltd (ASX.) traded at 9.78, an increase of 16.85%. Meanwhile, A2 Milk Company Ltd (ASX 🙂 gained 7.07%, or 0.36 point to finish at 5.45. AP Eagers Ltd. (ASX 🙂 was up 1.15%, or 0.14 points, to 12.33 in late trading.

Perenti Global Ltd. (ASX) was among the worst-performing session participants, falling 10.65% or 0.90 points to trade close at 0.755. Pointsbet Holdings Ltd The ASX: fell 8.27%, or 0.47 points, to finish at 5.21 Silver Lake Resources Ltd (ASX) fell 7.97%, or 0.145 points, to 1.675.

The Sydney Stock Exchange saw falling stocks surpass advancing stock by 1441, 207 and 246 respectively.

Pointsbet Holdings Ltd. (ASX:), shares fell 8.27%, or 0.47 to 5.21 to their 52-week lows.

The , which measures the implied volatility of S&P/ASX 200 options, was up 6.33% to 18.535 a new 52-week high.

The February delivery of Gold Futures was 0.2% higher or 0.35 at $1842.05 per troy ounce. Other commodities traded included Crude oil, which rose 0.38 or 0.46% to reach $83.69/barrel in March, and April Brent oil, which rose 0.48 or 0.56 to trade at $85.91/barrel.

AUD/USD rose 0.01% at 0.7141 while AUD/JPY dropped 0.09% to 81.26.

At 95.970, the US Dollar Index Futures rose 0.07%.

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