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Australian stocks head south

On Friday, Australian stocks traded lower after the close, as losses in the A-REITs, Consumer Staples and Industrials sectors pushed shares lower.

The S&P/ASX 200 tumbled 0.22%, reaching a new 1-month minimum.

The best performers were the S&P/ASX 200, rising 7.85% to 2.610, Whitehaven Coal Ltd, adding 5.86% to 3.070 and South32 Ltd, ascending 5.42% to 2.530 during late trade.

When talking about the worst performers, we need to mention AMP Ltd, dropping 9.13%, Ardent Leisure Group, descending 5.12% and Com Ltd slumping 4.33%.

Slumping shares outperformed ascending ones on the Australia Stock Exchange by 574 to 483, while 320 remained intact.

Stocks in AMP Ltd sagged to 52-week minimums, descending 9.13% to 4.680.

The S&P/ASX 200 VIX, normally gauging the implied volatility of S&P/ASX 200 options, sank 3.93%, being worth 14.831.

The currency pair AUD/USD edged down 0.01%, trading at 0.7590, while AUD/JPY leapt 0.01%, reaching 79.93.


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