Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Metals & Mining, Resources and Materials sectors led shares lower.
At the close in Australia, the S&P/ASX 200 lost 1.56% to hit a new 1-month low.
The best performers of the session on the S&P/ASX 200 were Sky Network Television Ltd. (AX:SKT), which rose 4.21% or 0.135 points to trade at 3.345 at the close. Meanwhile, Premier Investments Ltd (AX:PMV) added 4.13% or 0.570 points to end at 14.360 and Nufarm Ltd (AX:NUF) was up 3.52% or 0.330 points to 9.700 in late trade.
The worst performers of the session were Fortescue Metals Group Ltd (AX:FMG), which fell 5.44% or 0.360 points to trade at 6.260 at the close. Bluescope Steel Ltd (AX:BSL) declined 4.54% or 0.590 points to end at 12.410 and Monadelphous Group Ltd (AX:MND) was down 4.26% or 0.550 points to 12.370.
Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 771 to 343 and 324 ended unchanged.
Shares in Nufarm Ltd (AX:NUF) rose to 5-year highs; up 3.52% or 0.330 to 9.700.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 21.22% to 12.386.
Gold Futures for April delivery was down 0.16% or 2.00 to $1244.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.41% or 0.20 to hit $48.04 a barrel, while the May Brent oil contract fell 0.39% or 0.20 to trade at $50.76 a barrel.
AUD/USD was down 0.29% to 0.7669, while AUD/JPY fell 0.33% to 85.64.
The US Dollar Index Futures was up 0.05% at 99.60.