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Australian shares descend at close of trade

On Monday, Australian shares sank after the close, as losses in the Consumer Staples, Healthcare as well as Telecoms Services sectors brought shares lower.

The S&P/ASX 200 dropped 0.15%.

St Barbara Ltd, Platinum Asset Management Ltd and Northern Star Resources Ltd turned to be the best performers of S&P/ASX 200 trading session. They ascended 7.01%, 6.35% and 5.56% respectively.     

As for the worst performers, these were BT Investment Management Ltd, Sigma Pharmaceuticals Ltd and Automotive Group Holdings Ltd. They lost respectively 6.13%, 6.04% and 5.67%.      

On the Australia Stock Exchange, dropping shares generally outclassed soaring ones by 565 to 484. Meanwhile, 296 ended intact.

Stocks in Automotive Group Holdings Ltd dived to 52-week minimums, down 5.67% to 3.660.

The S&P/ASX 200 VIX, which gauges the implied volatility of S&P/ASX 200 options, lost 0.89%,hitting 12.982.

The currency pair AUD/USD descended 0.07%, trading at 0.7328, while AUD/JPY added 0.02% to 81.41.

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