Australia stocks lower at close of trade; S&P/ASX 200 down 0.47%



Australia stocks were lower after the close on Wednesday, as losses in the Gold, Metals & Mining and Resources sectors led shares lower.

At the close in Australia, the S&P/ASX 200 lost 0.47%.

The best performers of the session on the S&P/ASX 200 were Ardent Leisure Group (AX:AAD), which rose 6.88% or 0.150 points to trade at 2.330 at the close. Meanwhile, Incitec Pivot Ltd (AX:IPL) added 5.11% or 0.160 points to end at 3.290 and Programmed Maintenance Services Ltd (AX:PRG) was up 4.90% or 0.070 points to 1.500 in late trade.


The worst performers of the session were Mineral Resources Ltd (AX:MIN), which fell 9.64% or 0.620 points to trade at 5.810 at the close. Iluka Resources Ltd (AX:ILU) declined 8.14% or 0.590 points to end at 6.660 and Evolution Mining Ltd (AX:EVN) was down 6.49% or 0.110 points to 1.585.


Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 526 to 350 and 312 ended unchanged.


The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 5.66% to 14.754.


Gold for April delivery was down 1.11% or 13.80 to $1234.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.33% or 0.55 to hit $40.90 a barrel, while the May Brent oil contract fell 1.24% or 0.52 to trade at $41.27 a barrel.

AUD/USD was down 0.07% to 0.7616, while AUD/JPY fell 0.05% to 85.60.

The US Dollar Index was up 0.20% at 95.86.

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