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Australia stocks lower at close of trade; S&P/ASX 200 down 0.22%

News Team

 Australia stocks were lower after the close on Monday, as losses in the A-REITs, Utilities and Consumer Staples sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.22%.

The best performers of the session on the S&P/ASX 200 were Adbri Ltd (ASX: ABC), which rose 32.16% or 0.73 points to trade at 3.00 at the close. Meanwhile, Link Administration Holdings Ltd (ASX: LNK) added 27.65% or 0.47 points to end at 2.17 and Tabcorp Holdings Ltd (ASX: TAH) was up 23.81% or 0.18 points to 0.91 in late trade.

The worst performers of the session were Omni Bridgeway Ltd (ASX: OBL), which fell 4.14% or 0.06 points to trade at 1.39 at the close. Perenti Global Ltd (ASX: PRN) declined 4.13% or 0.04 points to end at 0.99 and Kogan.com Ltd (ASX: KGN) was down 4.06% or 0.22 points to 5.20.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 674 to 529 and 354 ended unchanged.

Shares in Adbri Ltd (ASX: ABC) rose to 52-week highs; gaining 32.16% or 0.73 to 3.00.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 3.19% to 10.18.

Gold Futures for February delivery was up 0.06% or 1.20 to $2,036.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.54% or 0.39 to hit $72.17 a barrel, while the February Brent oil contract rose 0.51% or 0.39 to trade at $76.94 a barrel.

AUD/USD was unchanged 0.23% to 0.67, while AUD/JPY rose 0.22% to 95.42.

The US Dollar Index Futures was down 0.10% at 102.08.

Source: https://www.investing.com/news/stock-market-news/australia-stocks-lower-at-close-of-trade-spasx-200-down-022-3258384