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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.

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Tags share pricesCommSecAustralian dollarsharemarketJuliette Saly

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