Shares in Australia posted lower after the market close, fueled by the declining shares in the sectors of Consumer Staples, Energy and Telecoms Services.   

The S&P/ASX 200 lost 0.53% at the close in Australia.

Among the best performers of S&P/ASX 200 session were Select Harvests Ltd, which rallied by about 6.12% or 0.410 points to changed hands at 7.110 in late trade. Liquefied Natural Gas Ltd advanced 3.48% or 0.020 points to settle at 0.595 and Mineral Resources Ltd increased 3.11% or 0.250 points to 8.300 at the close.   

Flexigroup Ltd is one of the worst performers of the session, which dropped 6.33% or 0.140 points to changed hands at 2.070 in late trade. Programmed Maintenance Services Ltd lost 3.09% or 0.060 points to settle at 1.880 and Woodside Petroleum Ltd plunged 2.46% or 0.690 points to 27.380 at the close.

Advancing stocks outnumbered dropping ones on the Australia Stock Exchange with a range between 507 to 494 and 334 remained unchanged.


Flexigroup Ltd stocks declined to 3-year session lows, which fell by about 6.33% or 0.140 to 2.070 in late trade. Meanwhile, Mineral Resources Ltd stocks rallied to 52-weeks high, which added 3.11% or 0.250 to 8.300 at the close.   

The S&P/ASX 200 VIX, which gauges the implied volatility of S&P/ASX 200 options, increased by about 1.05% to 16.434.

Gold delivery for August declined 0.10% or 1.25 to $1215.45 a troy ounce. In commodities trading, Crude oil delivery for July added 0.65% or 0.32 to end at $49.65 a barrel, while the Brent oil contract for August lost 0.14% or 0.07 to changed hands at $50.29 a barrel.

AUD/USD rose 0.81% to 0.7241, while AUD/JPY increased 0.94% to 80.56.

The US Dollar Index plunged 0.01% at 95.71.

Australian Index Declined

The Australian markets posted slightly lower at the opening bell, with no specific direction from research firm at the close.


The share price index lost six points and settled at 5,406 on Tuesday.

Subsequently, the Reserve Bank of Australia is scheduled to release financial aggregates for April, while the Australian Bureau of Statistics is set to release the balance of payments, including the international investment position figures plus government finance statistics for the March quarter, and April building approvals data.  

Elsewhere in equity industry, Boart Longyear is due to an annual general meeting.

The Australian market remained flat after the market close on Monday’s session, followed by a lackluster performance from the heavyweight banks and mining stocks.

The benchmark S&P/ASX200 index rallied 2.1 points, or 0.04 percent and end at 5,408 points.

The broader All Ordinaries index added 3.9 points, or 0.07 percent and settled at 5,473.6 points.

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