Australian Stocks remains lower at close of trade
Australia stocks were lower after the close on Thursday, as losses in the Australian Real Estate Investment Trust, Metals & Mining and Resources sectors led shares lower.
At the close in Sydney, the S&P/ASX 200 dropped by 0.19%.
The most excellent performers of the session on the S&P/ASX 200 were Super Retail Group Ltd (ASX:SUL), which climbed 0.880 points or 9.97% to trade at 9.710 at the close. In the meantime, Crown Ltd (ASX:CWN) rose 1.42 points or 9.82% to end at 15.88 and Beadell Resources Ltd (ASX:BDR) increased 0.020 points to 0.320 or 6.67% in late trade.
The most poor performers of the session were iinet Ltd (ASX:IIN), which dropped by 0.800 points or 11.10% to trade at 6.410 at the close. Panaust Ltd (ASX:PNA) decreased 0.100 points or 6.90% to end at 1.350 and Drillsearch Energy Ltd (ASX:DLS) decline 5.83% or 0.060 points to 0.970.
Growing stocks outnumbered declining ones on the Sydney Stock Exchange by 294 to 292 and 33 ended unchanged.
Shares in iinet Ltd (ASX:IIN) dropped to 52-week lows; decreasing 0.800 to 6.410 or 11.10%.
The S&P/ASX 200 VIX, which determines the implied volatility of S&P/ASX 200 options, was up 0.22% to 15.240.
Gold for April supply was up 1.34% or 16.10 to $1216.30 a troy ounce. Therefore, in commodities trading, Crude Oil for supply in April dropped 1.50 or 2.85% to hit $51.31 a barrel, while the April Brent Oil contract decline 0.38 or 0.63% to trade at $59.61 a barrel.
AUD/USD was up 0.03% to 0.7812, while AUD/JPY fell 0.08% to 92.70.
Elsewhere, The US Dollar Index was down 0.10% at 94.04.