Australian stocks head south

On Monday, Australian stocks dived after the close , as losses in the Energy, Resources and also Materials sectors brought stocks lower.

The S&P/ASX 200 edged down 0.79%.

The best performers of the session on the S&P/ASX 200 were represented by Holdings Ltd, Resolute Mining Ltd and Western Areas Ltd. They ascended 4.65%, 4.18% and 4.13% respectively.

Nextdc Ltd, Amcor Ltd and Oil Search Ltd happened to be the worst performers. They sank 4.50%, 3.74% and 3.03% respectively.

On the Australia Stock Exchange, descending shares outperformed surging ones by 550 to 508, while 349 remained intact.

Stocks in Western Areas Ltd soared to 52-week peaks, growing 4.13% or 0.130 to 3.280.

The S&P/ASX 200 VIX, gauging the implied volatility of S&P/ASX 200 options, rose 3.70%, reaching 12.352.

The currency pair AUD/USD edged up 0.40%, hitting 0.7474, while AUD/JPY lost 0.85%, demonstrating 83.56.

The US Dollar Index headed south 0.60%, being worth 100.87.

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