Australia stocks drop at close of trade
On Thursday, Australia stocks headed south after the close, as losses in the Gold, Financials as well as Telecoms Services sectors brought shares down.
The S&P/ASX 200 edged down 0.71% at the close in Australia.
The best performers of the trading session were Mesoblast Ltd with its 13.83% surge at 1.440, Automotive Group Holdings Ltd with its 7.54% soar at 4.635 and also Magellan Financial Group Ltd, soaring 6.28% at 25.730.
As for the outsiders of the trading session, we should mention St Barbara Ltd with its 6.19% tumble at 3.030, Independence Group NL with its 4.48% sag at 4.050 and also AMP Ltd, dropping 4.09%, being worth 5.630.
On the Australia Stock Exchange dropping stocks outnumbered surging ones by 526 to 509, while 350 ended intact.
Stocks in Automotive Group Holdings Ltd went up to all time peaks, gaining up to 7.54%, trading at 4.635.
The S&P/ASX 200 VIX, gauging the implied volatility of S&P/ASX 200 options, headed north 2.74%, hitting 13.053.