Another negative day for Australian market

THE ASX 200 closed 0.6% lower today as stocks across the region fell.

Another negative day for Australian market Another negative day for Australian market Another negative day for Australian market Another negative day for Australian market Another negative day for Australian market

US metal tariffs and a looming trade war weighed heavy on Australian and Asian markets.

Mining was one of the worst sectors, with BHP down by 1.8% and Rio Tinto falling by 1.5%.

Lynas Corporation was a standout, rising by nearly 5% after reporting a record operating profit for the December 2017 half-year.

Among the gold players, Resolute was the star performer, rising by 4%.

Lithium stocks remained volatile with Pilbara, Orocobre and Galaxy all lower.

Paladin Energy shares also continued recent volatility with a 15% fall.

At the smaller end, Gold Mountain jumped by 40% after reporting the discovery of “bonanza grade type gol...

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