Australia stocks lower at close of trade; S&P/ASX 200 down 0.16%

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

At the close in Sydney, the S&P/ASX 200 lost 0.16%.

The best performers of the session on the S&P/ASX 200 were Nanosonics Ltd (ASX:NAN), which rose 22.96% or 0.62 points to trade at 3.32 at the close. Meanwhile, Idp Education Ltd (ASX:IEL) added 5.39% or 0.81 points to end at 15.85 and Austal Ltd (ASX:ASB) was up 4.44% or 0.10 points to 2.35 in late trade.

The worst performers of the session were Zip Co Ltd (ASX:ZIP), which fell 8.37% or 0.19 points to trade at 2.08 at the close. Deterra Royalties Ltd (ASX:DRR) declined 6.11% or 0.24 points to end at 3.69 and IPH Ltd (ASX:IPH) was down 5.22% or 0.35 points to 6.35.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 609 to 492 and 420 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 3.53% to 11.21 a new 1-month low.

Gold Futures for December delivery was down 0.12% or 3.00 to $2,552.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.08% or 0.06 to hit $77.36 a barrel, while the November Brent oil contract fell 0.02% or 0.02 to trade at $80.34 a barrel.

AUD/USD was unchanged 0.22% to 0.68, while AUD/JPY rose 0.36% to 98.22.

The US Dollar Index Futures was down 0.01% at 100.74.