Australia stocks lower at close of trade; S&P/ASX 200 down 0.28% By Investing.com

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

At the close in Sydney, the declined 0.28%.

The best performers of the session on the were Polynovo Ltd (ASX:), which rose 8.70% or 0.20 points to trade at 2.50 at the close. Meanwhile, Platinum Asset Management Ltd (ASX:) added 4.15% or 0.08 points to end at 2.01 and Omni Bridgeway Ltd (ASX:) was up 3.67% or 0.14 points to 3.95 in late trade.

The worst performers of the session were Pointsbet Holdings Ltd (ASX:), which fell 5.71% or 0.10 points to trade at 1.57 at the close. St Barbara Ltd (ASX:) declined 5.65% or 0.05 points to end at 0.83 and Premier Investments Ltd (ASX:) was down 5.12% or 1.34 points to 24.85.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 689 to 559 and 367 ended unchanged.

Shares in Polynovo Ltd (ASX:) rose to 52-week highs; rising 8.70% or 0.20 to 2.50.

The , which measures the implied volatility of S&P/ASX 200 options, was up 1.99% to 13.18.

Gold Futures for February delivery was down 0.04% or 0.80 to $1,877.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.59% or 0.44 to hit $74.19 a barrel, while the March Brent oil contract fell 0.64% or 0.51 to trade at $79.14 a barrel.

AUD/USD was unchanged 0.13% to 0.69, while AUD/JPY rose 0.01% to 91.14.

The US Dollar Index Futures was up 0.22% at 102.96.