Australia Market falls on weak commodity prices, sell-off in bank

Australian equity market finished session lower on Monday, 24 July 2017, due to weak commodity prices and a sell-off in bank stocks. At the close of trade, the S&P/ASX 200 index was down 34.74 points, or 0.6 per cent, to 5,688.10. Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 612 to 454 and 372 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 6.41% to 13.284.

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