Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the IT, Metals&Mining and Materials sectors led shares lower.
At the close in Sydney, the S&P/ASX 200 declined 1.50% to hit a new 1-month low.
The best performers of the session on the S&P/ASX 200 were Mesoblast Ltd (ASX:MSB), which rose 9.72% or 0.04 points to trade at 0.40 at the close. Meanwhile, Codan Ltd (ASX:CDA) added 7.18% or 0.55 points to end at 8.21 and Bapcor Ltd (ASX:BAP) was up 5.45% or 0.35 points to 6.77 in late trade.
The worst performers of the session were Fletcher Building Ltd (ASX:FBU), which fell 9.27% or 0.47 points to trade at 4.60 at the close. Megaport Ltd (ASX:MP1) declined 5.72% or 0.63 points to end at 10.38 and Champion Iron Ltd (ASX:CIA) was down 4.92% or 0.27 points to 5.22.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 766 to 467 and 427 ended unchanged.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 7.49% to 12.25 a new 1-month high.
Gold Futures for December delivery was down 0.01% or 0.10 to $1,935.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.11% or 0.09 to hit $81.08 a barrel, while the October Brent oil contract rose 0.15% or 0.13 to trade at $85.02 a barrel.
AUD/USD was unchanged 0.26% to 0.65, while AUD/JPY rose 0.15% to 94.11.
The US Dollar Index Futures was down 0.17% at 102.92.
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