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Australia shares lower at close of trade; S&P/ASX 200 down 0.39%

Published 2017-09-08, 02:00 a/m
© Reuters.  Australia shares lower at close of trade; S&P/ASX 200 down 0.39%
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Investing.com – Australia equities were lower at the close on Friday, as losses in the Financials, Energy and Telecoms Services sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.39% to hit a new 1-month low.

The biggest gainers of the session on the S&P/ASX 200 were Syrah Resources Ltd (AX:SYR), which rose 4.85% or 0.160 points to trade at 3.460 at the close. Resolute Mining Ltd (AX:RSG) added 3.25% or 0.040 points to end at 1.270 and Isentia Group Ltd (AX:ISD) was up 3.11% or 0.050 points to 1.660 in late trade.

Biggest losers included Flexigroup Ltd (AX:FXL), which lost 3.81% or 0.063 points to trade at 1.577 in late trade. Breville Group Ltd (AX:BRG) declined 3.39% or 0.370 points to end at 10.550 and Retail Food Group Ltd (AX:RFG) shed 3.22% or 0.155 points to 4.665.

Declining stocks outnumbered rising ones by 592 to 586 and 383 ended unchanged on the Sydney Stock Exchange.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.26% to 13.542.

In commodities trading, Gold Futures for December delivery was up 0.75% or 10.09 to $1360.39 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.14% or 0.07 to hit $49.16 a barrel, while the November Brent oil contract rose 0.42% or 0.23 to trade at $54.72 a barrel.

AUD/USD was up 0.89% to 0.8120, while AUD/JPY rose 0.23% to 87.47.

The US Dollar Index Futures was down 0.45% at 91.08.

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