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Australia shares lower at close of trade; S&P/ASX 200 down 0.53%

Published 2018-05-28, 02:00 a/m
© Reuters.  Australia shares lower at close of trade; S&P/ASX 200 down 0.53%
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Investing.com – Australia equities were lower at the close on Monday, as losses in the Energy, Resources and Metals & Mining sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.53%.

The biggest gainers of the session on the S&P/ASX 200 were Reliance Worldwide Corporation Ltd (AX:RWC), which rose 24.38% or 1.078 points to trade at 5.500 at the close. Investa Office Fund (AX:IOF) added 11.23% or 0.520 points to end at 5.150 and APN Outdoor Group Ltd (AX:APO) was up 7.27% or 0.370 points to 5.460 in late trade.

Biggest losers included Metcash Ltd (AX:MTS), which lost 17.66% or 0.650 points to trade at 3.030 in late trade. Beach Energy Ltd (AX:BPT) declined 9.16% or 0.158 points to end at 1.562 and Woodside Petroleum Ltd (AX:WPL) shed 3.73% or 1.225 points to 31.635.

Declining stocks outnumbered rising ones by 653 to 558 and 376 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 up 4.65% to 12.416.

In commodities trading, Gold Futures for June delivery was down 0.55% or 7.20 to $1296.50 a troy ounce. Meanwhile, Crude oil for delivery in July fell 2.49% or 1.69 to hit $66.19 a barrel, while the August Brent oil contract fell 1.74% or 1.33 to trade at $75.14 a barrel.

AUD/USD was up 0.38% to 0.7577, while AUD/JPY rose 0.52% to 83.01.

The US Dollar Index Futures was down 0.40% at 93.83.

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