After the close on Friday, Australia stocks were lower, as losses in the IT Consumer Staples, and Metal & Mining sectors led shares lower.
At the close in Australia, the S&P ASX 200 lost 1.02% lost 1.02%.
The best performers of the period on the S&P/ASX 200 were Evolution Mining Ltd (AX: EVN), which increase 4.71% or 0.085 points to trade at 1.890 at the close. In the meantime, Fisher & Paykel Healthcare Ltd (AX: FPH) added 3.68% or 0.290 points to end at 8.160 and CSR Ltd (AX:CSR) increased 3.33% or 0.140 points to 4.340 in late trade.
The poorest performers of the session were Bellamys Australia Ltd (AX: BAL), which decline 43.28% or 5.250 points to trade at 6.880 at the close. A2 Milk Company Ltd (AX:A2M) fell 9.76% or 0.240 points to end at 2.220 and Bega Cheese Ltd (AX: BGA) declined 6.26% or 0.310 points to 4.640.
Declining stocks outnumbered progressing ones on the Australian Stock Exchange by 690 to 409 and 337 ended unaffected.
Shares in Bellamys Australia Ltd (AX:BAL) decreases to 52-week lows; losing 43.28% or 5.250 to 6.880. Shares in CSR Ltd (AX: CSR) increase to 52-week peaks; rising 3.33% or 0.140 to 4.340.
The S&P/ASX 200 VIX, which gauges the indicated volatility of S&P/ASX 200 options, increased 1.62% to 12.550.
Gold for February delivery increased 0.59% or 6.85 to $1176.25 a troy ounce. Somewhere else in commodities trading, delivery of crude oil for January dropped 0.80% or 0.41 to hit $50.65 a barrel, whereas the February Brent oil deal dropped 1.19% or 0.64 to trade at $53.30 a barrel
AUD/USD declined 0.09% to 0.7409, whereas AUD/JPY dropped 0.18% to 84.47.
The US Dollar Index declined 0.18% at 100.84.
On Additional News
On Friday, gold prices decline in Asia ahead of U.S. jobs data that is perceived as icing on the cake for a Fed rate hike this month.
Nonfarm payrolls are perceived up by 175,000 in November, considered enough by most analysts to assure the Fed that the labor market stays to tighten, adding pressure on wages.
Gold futures for February on the Comex division of the New York Mercantile Exchange increase 0.57% to $1,176.05 a troy ounce. Silver futures on the Comex increased 0.80% to $16.638 a troy ounce, while copper futures declined 0.72% to $2.616 a pound.
Suddenly, gold price drop after the release of upbeat U.S. manufacturing activity data offset more disappointing U.S. jobless claims report.
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