Australian stocks go down at close of trade
On Wednesday, Australian stocks headed south after the close, as losses in the Consumer Discretionary, Energy as well as Consumer Staples sectors pushed shares lower.
At the close in Australia, the S&P/ASX 200 sagged 1.53% to reach a new 1-month minimum.
The best performers of the trading session on the S&P/ASX 200 were represented by Resolute Mining Ltd, Saracen Mineral Holdings Ltd and Independence Group NL. These Australian benchmarks edged up 5.16%, 5.08% and 2.41% respectively.
When talking about the most impressive losers of that session, we should point out to Ardent Leisure Group, Blackmores Ltd and Cleanaway Waste Management Ltd. They lost 22.48%, 6.44% and 6.33% respectively.
Dropping shares outperformed surging ones on the Australia Stock Exchange by 731 to 341, while 305 were intact.
Shares in Blackmores Ltd edged down to 52-week minimums, losing up to 6.44%.
The S&P/ASX 200 VIX, gauging the implied volatility of S&P/ASX 200 options, rose 12.30%, reaching 14.686.