Australian Stocks Weaken on Tuesday’s Close; S&P/ASX 200 down 0.32%

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After the close on Tuesday, Australia stocks were lower as losses in the Metals & Mining, Materials and Resources sectors led shares lower.

The S&P/ASX 200 declined 0.32% at the close in Australia.

The best performers of the session on the S&P/ASX 200 were CSL Ltd (AX:CSL), which increased 3.29% or 3.030 points to trade at 95.130 at the close. In the meantime, Greencross Ltd (AX:GXL) added 3.24% or 0.220 points to end at 7.000 and Aconex Ltd (AX:ACX) was up 3.22% or 0.140 points to 4.490 in late trade.

The poorest performers of the session were Galaxy Resources Ltd (AX:GXY), which drop 6.12% or 0.030 points to trade at 0.460 at the close. Resolute Mining Ltd (AX:RSG) fell 5.51% or 0.065 points to end at 1.115 and Fortescue Metals Group Ltd (AX:FMG) dropped 5.41% or 0.370 points to 6.470.

Falling stocks outnumbered progressing ones on the Australia Stock Exchange by 601 to 470 and 310 ended unmoved.

The S&P/ASX 200 VIX, which gauges the implied volatility of S&P/ASX 200 options, declined 4.43% to 12.240.

Delivery of gold for February dropped 0.18% or 2.15 to $1163.65 a troy ounce. Somewhere else in commodities trading, delivery of crude oil for January drop 0.28% or 0.15 to hit $52.68 a barrel, while the February Brent oil agreement drop 0.11% or 0.06 to trade at $55.63 a barrel.

AUD/USD was down 0.09% to 0.7489, while AUD/JPY rose 0.02% to 86.24. The US greenback Index increased 0.03% at 101.03.

On Additional News

After the close on Tuesday, Taiwan stocks were higher,  as an increase in the Oil, Gas & Electricity, other Electronic and Finacials sectors led shares higher.

At the close in Taiwan, the Taiwan weighted  added 0.34%.

The best performers of the session on the Taiwan weighted  were C Sun Mfg (TW:2467) which increased 9.78% or 1.55 points to trade at 17.40 at the close.

Temporarily, Genius (TW:3406) added 5.45% or 6.00 points to end at 116.00 and Tung Kai Tech (TW:3018) was up 5.14% or 0.90 points to 18.40 in late trade.

The poorest performers of the session were Transasia (TW:6702), which declined 9.40% or 0.14 points to trade at 1.35 at the close. Genesis Photon (TW:3383) dropped 8.37% or 0.22 points to end at 2.41 and Yang Ming Mari (TW:2609) declined  5.98% or 0.30 points to 4.72.

Increasing stocks outnumbered decreasing ones on the Taiwan Stock Exchange by 409 to 339 and 123 ended unmoved.

Shares in Transasia (TW:6702) drop to all time lows,  down 9.40% or 0.14 to 1.35. Shares in Genius (TW:3406) increase to 52-week peaks; up 5.45% or 6.00 to 116.00. Shares in Yang Ming Mari (TW:2609) decline to all time lows; down 5.98% or 0.30 to 4.72.

USD/TWD dropped 0.28% to 31.768, while TWD/CNY declined 0.09% to 0.2175.

The US Dollar Index increased 0.03% at 101.03.

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