Australia stocks head south at close of trade

On Wednesday, Australia stocks headed south after the close, as losses in the Energy, Utilities as well as  Telecoms Services sectors brought shares down.

The S&P/ASX 200 edged down 0.21% at the close in Australia.

The best performers of the trading session on the S&P/ASX 200 included Computershare Ltd that surged 8.83%, trading at 9.740. Meanwhile, Cochlear Ltd gained 6.46%, being worth 133.080. Additionally,  Mesoblast Ltd surged 5.79%, trading at 1.280.

As for the worst performers of the trading session, we should point out to Monadelphous Group Ltd, which managed to sink 7.43%, trading at 10.720. Whitehaven Coal Ltd slumped 6.13%, hitting 1.760, while Fairfax Media Ltd edged down 4.27%, being worth 0.953.

Dropping stocks outnumbered soaring ones on the Australia Stock Exchange by 550 to 521, while 309 finished intact.

Stocks in Cochlear Ltd headed north to all time peaks, soaring 6.46% or 8.080, hitting 133.080.

The S&P/ASX 200 VIX, measuring the implied volatility of S&P/ASX 200 options, dropped 1.01% to 12.707 a fresh 52-week minimum. 

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