Australia stocks lower at close of trade; S&P/ASX 200 down 2.58% 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 declined 2.58%.

The best performers of the session on the were Resolute Mining Ltd (ASX:), which rose 3.85% or 0.01 points to trade at 0.27 at the close. Meanwhile, Mesoblast Ltd (ASX:) added 3.83% or 0.04 points to end at 0.95 and Nuix Ltd (ASX:) was up 3.75% or 0.03 points to 0.83 in late trade.

The worst performers of the session were Megaport Ltd (ASX:), which fell 9.55% or 0.83 points to trade at 7.86 at the close. Gold Road Resources Ltd (ASX:) declined 7.19% or 0.11 points to end at 1.36 and Clinuvel Pharmaceuticals Ltd (ASX:) was down 6.91% or 1.60 points to 21.54.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 1058 to 347 and 353 ended unchanged.

The , which measures the implied volatility of S&P/ASX 200 options, was up 11.18% to 16.32.

Gold Futures for December delivery was down 0.28% or 4.80 to $1,712.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.70% or 0.61 to hit $86.70 a barrel, while the November Brent oil contract fell 0.70% or 0.65 to trade at $92.52 a barrel.

AUD/USD was unchanged 0.13% to 0.67, while AUD/JPY fell 0.93% to 96.38.

The US Dollar Index Futures was down 0.18% at 109.33.