ASX 200 closes 0.33% lower on Tuesday as energy and materials shares fall
Australian shares closed lower on Tuesday after recovering from a fall of as much as 1% earlier in the session, with consumer staples and healthcare stocks rising.
The S&P/ASX 200 index closed down 28.8 points, or 0.33%, at 8,816.9 on Tuesday 20 October, according to market data. The Australian Financial Review reported that the index had been down as much as 1% earlier in the day before a rebound in technology stocks and gains in consumer staples reduced the loss.
According to market data firm Kalkine, energy was the weakest sector, down 1.31%, followed by materials, down 1.16%, and financials, down 0.48%. Consumer staples rose 1.14% and healthcare gained 0.87%.
Among individual companies, Ingenia Communities rose 9.67% to $4.65, Austal gained 6.91% to $4.18 and Cochlear rose 5.17% to $139.40, Kalkine said. Ampol fell 6.22% to $39.32. Stockhead reported that Coles closed at a record high.
Kalkine said the index remained up 0.38% over five trading sessions and 1.18% since the start of the year.
The AFR also reported that the Australian Securities and Investments Commission was looking into Firmus.
For Monday’s session, see our earlier report.
Sources
- ASX200 LIVE: ASX falls as BHP, NAB retreat · Australian Financial Review
- ASX 200 Declines as Middle East Tensions Keep Energy Markets in Focus · Kalkine
- Closing Bell: ASX slips as miners and energy retreat, but Coles bags record close · Stockhead
- S&P/ASX 200 historical data · Yahoo Finance