Australia stocks lower at close of trade; S&P/ASX 200 down 1.06% 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 lost 1.06% to hit a new 1-month low.

The best performers of the session on the were Star Entertainment Group Ltd (ASX:), which rose 14.40% or 0.19 points to trade at 1.47 at the close. Meanwhile, GUD Holdings Ltd (ASX:) added 8.10% or 0.67 points to end at 8.94 and Cochlear Ltd (ASX:) was up 7.75% or 16.20 points to 225.28 in late trade.

The worst performers of the session were Corporate Travel Managment Ltd (ASX:), which fell 8.70% or 1.50 points to trade at 15.75 at the close. EML Payments Ltd (ASX:) declined 6.98% or 0.05 points to end at 0.60 and Treasury Wine Estates Ltd (ASX:) was down 6.91% or 0.99 points to 13.34.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 736 to 545 and 384 ended unchanged.

The , which measures the implied volatility of S&P/ASX 200 options, was down 7.21% to 12.60.

Gold Futures for April delivery was down 0.93% or 17.35 to $1,848.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.49% or 1.18 to hit $77.88 a barrel, while the April Brent oil contract fell 1.31% or 1.12 to trade at $84.46 a barrel.

AUD/USD was down 1.12% to 0.69, while AUD/JPY fell 1.03% to 92.02.

The US Dollar Index Futures was up 0.28% at 103.41.