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Australian stocks dip at close of trade

On Tuesday, Australian stocks descended after the close, as losses in the Gold, Telecoms Services and also Metals & Mining sectors brought stocks down.

The S&P/ASX 200 sank 0.13%.

Pact Group Holdings, Isentia Group Ltd and Primary Health Care Ltd turned to be the best performers of the session on the S&P/ASX 200. They leapt 5.52%, 5.14% and 3.90% respectively.  

As for the worst performers, Vocus Fpo, Syrah Res F and TPG Telecom Ltd sagged 27.26%,7.95% and 7.15% respectively.         

Descending shares outnumbered surging ones on the Australia Stock Exchange by 576 to 469, while 346 remained intact.

Stocks in Vocus Fpo edged down to 52-week minimums, sinking 27.26% or 1.570 to 4.190. Stocks in Syrah Res F dropped to 52-week minimums, descending 7.95% or 0.240 to 2.780.

The S&P/ASX 200 VIX, gauging the implied volatility of S&P/ASX 200 options, ascended 3.29%, reaching 12.758.

The currency pair AUD/USD dropped 0.04%, hitting 0.7478, while AUD/JPY leapt 0.08%, reaching 83.81.

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