Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Telecoms Services, Gold and IT sectors led shares lower.
At the close in Sydney, the S&P/ASX 200 declined 0.13%.
The best performers of the session on the S&P/ASX 200 were Myer Holdings Ltd (AX:MYR), which rose 7.24% or 0.053 points to trade at 0.777 at the close. Meanwhile, Whitehaven Coal Ltd (AX:WHC) added 4.14% or 0.145 points to end at 3.645 and Fortescue Metals Group Ltd (AX:FMG) was up 3.58% or 0.180 points to 5.210 in late trade.
The worst performers of the session were Nine Entertainment Co Holdings Ltd (AX:NEC), which fell 4.43% or 0.06 points to trade at 1.35 at the close. Galaxy Resources Ltd (AX:GXY) declined 3.92% or 0.100 points to end at 2.450 and Western Areas Ltd (AX:WSA) was down 3.44% or 0.090 points to 2.530.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 594 to 554 and 372 ended unchanged.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 0.49% to 12.392.
Gold Futures for December delivery was down 0.33% or 4.36 to $1297.34 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.62% or 0.32 to hit $52.20 a barrel, while the December Brent oil contract rose 0.41% or 0.24 to trade at $58.16 a barrel.
AUD/USD was down 0.36% to 0.7858, while AUD/JPY fell 0.17% to 88.37.
The US Dollar Index Futures was up 0.20% at 93.00.