Australian Stocks remains lower at close of trade

Australia Stocks 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.

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 ...
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