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Australia stocks lower at close of trade; S&P/ASX 200 down 0.55%

Australia stocks lower at close of trade; S&P/ASX 200 down 0.55%

CANBERRA: Australia stocks were lower after the close on Monday, as losses in the Telecoms Services, Healthcare and Consumer Discretionary sectors led shares lower. At the close in Sydney, the S&P/ASX 200 lost 0.55%. The best performers of the session on the S&P/ASX 200 were Beach Energy Ltd (AX:BPT), which rose 8.47% or 0.053 points to trade at 0.672 at the close. Meanwhile, G8 Education Ltd (AX:GEM) added 8.45% or 0.315 points to end at 4.045 and Fortescue Metals Group Ltd (AX:FMG) was up 6.55% or 0.360 points to 5.860 in late trade. The worst performers of the session were Bluescope Steel Ltd (AX:BSL), which fell 21.83% or 3.080 points to trade at 11.030 at the close. Vocus Group Ltd (AX:VOC) declined 16.46% or 0.530 points to end at 2.690 and Speedcast International Ltd (AX:SDA) was down 4.17% or 0.145 points to 3.335. Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 686 to 483 and 376 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 6.34% to 14.932. Gold Futures for December delivery was down 0.09% or 1.10 to $1290.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.14% or 0.07 to hit $48.59 a barrel, while the October Brent oil contract fell 0.27% or 0.14 to trade at $52.58 a barrel. AUD/USD was down 0.14% to 0.7920, while AUD/JPY fell 0.07% to 86.53. The US Dollar Index Futures was up 0.12% at 93.47.