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

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

Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the Materials, Metals&Mining and A-REITs sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.47%.

The best performers of the session on the S&P/ASX 200 were Silver Lake Resources Ltd (ASX:SLR), which rose 5.11% or 0.05 points to trade at 0.93 at the close. Meanwhile, Ramelius Resources Ltd (ASX:RMS) added 4.64% or 0.07 points to end at 1.47 and Bluescope Steel Ltd (ASX:BSL) was up 2.82% or 0.53 points to 19.35 in late trade.

The worst performers of the session were Appen Ltd (ASX:APX), which fell 6.09% or 0.09 points to trade at 1.31 at the close. Zip Co Ltd (ASX:ZIP) declined 5.00% or 0.02 points to end at 0.28 and Link Administration Holdings Ltd (ASX:LNK) was down 3.66% or 0.05 points to 1.31.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 699 to 481 and 435 ended unchanged.

Shares in Appen Ltd (ASX:APX) fell to 5-year lows; losing 6.09% or 0.09 to 1.31.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.03% to 12.00.

Gold Futures for December delivery was up 0.12% or 2.35 to $1,955.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.65% or 0.59 to hit $91.17 a barrel, while the November Brent oil contract rose 0.42% or 0.40 to trade at $94.83 a barrel.

AUD/USD was unchanged 0.17% to 0.64, while AUD/JPY rose 0.19% to 95.20.

The US Dollar Index Futures was down 0.08% at 104.77.

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