Australia Market falls for second straight day

Australian share market finished session lower for second straight session on Wednesday, 17 January 2018, with shares of material and resources being notable losers hit by a slide in commodity prices. The S&P/ASX 200 index fell 0.5 %, or 32.8 points, to 6,015.8 at the close of trade. Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 770 to 529 and 361 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 8.16% to 12.507 a new 1-month high.

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