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Australia ASX200 falls 0.3%

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Capital Market
Australian share market finished session down on Wednesday, 14 February 2018, as caution ahead of the release of key US inflation data outweighed better than expected earnings reports from several companies. All eyes will now be firmly set on tonight's U.S. consumer price index (CPI) data release. If inflation, which is measured by the CPI, is above expectations, volatility could increase again and lead to further selling in global equity markets. Investors responded well to results from CS, Computershare, and Insurance Australia Group. Results from DEXUS Property Group and Domino's Pizza Enterprises however have not been well received. The benchmark S&P/ASX200 index closed 0.25% lower at 5,841.2 points. Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 705 to 492 and 351 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.30% to 18.340.

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First Published: Feb 14 2018 | 5:59 PM IST

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