Aussie stocks fall from five-month high

Aussie stocks fall from five-month high

Australian stocks fell back from five-month highs today, as a flow-on effect of flat trading at Wall Street, according analysis from CommSec.

The financial sector declined by 1.6% over the day, with Westpac (ASX:WBC) and Macquarie Group (ASX:MQG) both seeing declines of over 2%, CommSec market analyst Juliette Saly said.

The energy sector was hit by a weaker oil price, with shares in Woodside Petroleum (ASX:WPL), Santos (ASX:STO) and Oilsearch (ASX:OSH) all declining.

The Australian dollar ended the day's trade at US$0.9783, £0.6154 and €0.706.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Error: Please check your email address.

Tags Australian dollarCommSecshare pricessharemarketJuliette Saly

More about CommSecSantosWall StreetWestpacWestpac

Show Comments