Australia stocks lower at close of trade; S&P/ASX 200 down 0.53% By Investing.com

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

At the close in Sydney, the fell 0.53% to hit a new 3-months low.

The best performers of the session on the were Ramelius Resources Ltd (ASX:), which rose 5.74% or 0.04 points to trade at 0.64 at the close. Meanwhile, Whitehaven Coal Ltd (ASX:) added 3.91% or 0.33 points to end at 8.78 and Incitec Pivot Ltd (ASX:) was up 3.55% or 0.12 points to 3.50 in late trade.

The worst performers of the session were Unibail Rodamco Westfield (ASX:), which fell 4.23% or 0.14 points to trade at 3.17 at the close. Virgin Money PLC (ASX:) declined 3.95% or 0.09 points to end at 2.19 and Nickel Mines Ltd (ASX:) was down 3.75% or 0.03 points to 0.77.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 839 to 486 and 390 ended unchanged.

Shares in Unibail Rodamco Westfield (ASX:) fell to 52-week lows; down 4.23% or 0.14 to 3.17. Shares in Nickel Mines Ltd (ASX:) fell to 52-week lows; falling 3.75% or 0.03 to 0.77.

The , which measures the implied volatility of S&P/ASX 200 options, was up 1.99% to 20.27.

Gold Futures for December delivery was down 0.59% or 9.65 to $1,626.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 1.63% or 1.28 to hit $77.22 a barrel, while the December Brent oil contract fell 1.48% or 1.26 to trade at $83.61 a barrel.

AUD/USD was unchanged 0.77% to 0.64, while AUD/JPY fell 0.93% to 92.28.

The US Dollar Index Futures was up 0.30% at 114.39.