Australia stocks lower at close of trade; S&P/ASX 200 down 0.16% By Investing.com

Investing.com – Australia stocks were lower after the close on Monday, as losses in the , and sectors led shares lower.

At the close in Sydney, the fell 0.16%.

The best performers of the session on the were Champion Iron Ltd (ASX:), which rose 12.92% or 0.69 points to trade at 6.03 at the close. Meanwhile, Fortescue Metals Group Ltd (ASX:) added 10.08% or 1.79 points to end at 19.55 and Appen Ltd (ASX:) was up 8.75% or 0.23 points to 2.86 in late trade.

The worst performers of the session were Elders Ltd (ASX:), which fell 22.94% or 3.04 points to trade at 10.21 at the close. IPH Ltd (ASX:) declined 6.56% or 0.64 points to end at 9.12 and Ramelius Resources Ltd (ASX:) was down 6.45% or 0.06 points to 0.87.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 708 to 682 and 343 ended unchanged.

Shares in Elders Ltd (ASX:) fell to 52-week lows; losing 22.94% or 3.04 to 10.21.

The , which measures the implied volatility of S&P/ASX 200 options, was down 0.10% to 16.20.

Gold Futures for December delivery was down 0.23% or 4.10 to $1,765.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.33% or 0.29 to hit $88.67 a barrel, while the January Brent oil contract fell 0.24% or 0.23 to trade at $95.76 a barrel.

AUD/USD was unchanged 0.19% to 0.67, while AUD/JPY rose 0.28% to 93.28.

The US Dollar Index Futures was up 0.50% at 106.69.