Australia stocks lower at close of trade; S&P/ASX 200 down 0.42% 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 lost 0.42%.

The best performers of the session on the were Magellan Financial Group Ltd (ASX:), which rose 5.03% or 0.82 points to trade at 17.11 at the close. Meanwhile, Zip Co Ltd (ASX:) added 5.00% or 0.06 points to end at 1.16 and Appen Ltd (ASX:) was up 4.56% or 0.29 points to 6.65 in late trade.

The worst performers of the session were Westgold Resources Ltd (ASX:), which fell 6.90% or 0.11 points to trade at 1.49 at the close. Costa Group Holdings Ltd (ASX:) declined 6.42% or 0.21 points to end at 3.06 and Premier Investments Ltd (ASX:) was down 5.55% or 1.42 points to 24.16.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 912 to 536 and 373 ended unchanged.

Shares in Westgold Resources Ltd (ASX:) fell to 52-week lows; down 6.90% or 0.11 to 1.49. Shares in Premier Investments Ltd (ASX:) fell to 52-week lows; down 5.55% or 1.42 to 24.16.

The , which measures the implied volatility of S&P/ASX 200 options, was up 9.86% to 17.29 a new 1-month high.

Gold Futures for June delivery was down 0.28% or 5.26 to $1,858.34 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.62% or 0.65 to hit $104.52 a barrel, while the July Brent oil contract fell 0.66% or 0.71 to trade at $106.87 a barrel.

AUD/USD was up 0.77% to 0.71, while AUD/JPY rose 0.82% to 92.46.

The US Dollar Index Futures was down 0.26% at 103.50.