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Australia Market ends marginal down

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Capital Market
Asia stock market finished session slight lower on Tuesday, 19 June 2018, as risk sentiments hurt by concerns about the implications on the global economy of a tariff war between the US and China after reports that US President Donald Trump was threatening to impose more tariffs on China. President Trump ordered US officials to prepare a list of additional $200 billion of imports from China, threatening to bring the US and China to the brink of an all-out trade war. ASX sectors were mixed, with fall in materials stocks offset gains in health care stocks and banks. The benchmark S&P/ASX200 index was down 2 points, or 0.03%, at 6,102.1 points, while the broader All Ordinaries index was down 3.9 points, or 0.06%, at 6,208.9 points. Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 698 to 552 and 391 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.93% to 12.147.

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First Published: Jun 19 2018 | 1:41 PM IST

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