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Australia stocks lower at close of trade; S&P/ASX 200 down 1.77% -Breaking

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© Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 1.77%

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

After the Sydney close, the dropped 1.77% and reached a new six-month low.

Beach Energy Ltd. (ASX) was the best performer of the session, rising 8.811% or 0.115 point to close at 1.420. Platinum Asset Management Ltd. (ASX 🙂 increased 4.66% to 2.47, while AusNet Services Ltd. was up 4.45% to 2.580.

Kogan.com Ltd. (ASX) was the worst performer of the session, falling 12.27% or 0.86 point to close at 6.15. Evolution Mining Ltd (ASX) fell 11.28%, or 0.44 points, to finish at 3.46 Silver Lake Resources Ltd (ASX) fell 11.04%, or 0.185 points, to 1.490.

On the Sydney Stock Exchange, falling stocks outnumbered those in progress by 1051 to 456, and 360 was unchanged.

Kogan.com Ltd. shares (ASX) plunged to 52-week lows. The stock fell 12.27% to 0.86, to 6.15

The , which measures the implied volatility of S&P/ASX 200 options, was up 19.02% to 22.061 a new 52-week high.

For February delivery, gold futures were down by 1.08% (or 19.70) to $1810.00 an troy ounce. Other commodities traded included Crude oil, which fell 0.23 or 0.23 in March to reach $87.12/barrel, and April Brent oil, which fell 0.24 or 0.21, to trade at $88.53.

AUD/USD fell 0.58%, to 0.7073. AUD/JPY dropped 0.47%, to 81.17.

At 96.743, the US Dollar Index Futures rose 0.36%.

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