Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the Energy, Resources and IT sectors led shares lower.
At the close in Sydney, the S&P/ASX 200 declined 3.55% to hit a new 52-week low.
The best performers of the session on the S&P/ASX 200 were Polynovo Ltd (ASX:PNV), which rose 7.79% or 0.09 points to trade at 1.25 at the close. Meanwhile, Westgold Resources Ltd (ASX:WGX) added 3.86% or 0.05 points to end at 1.21 and Domino'S Pizza Enterprises Ltd (ASX:DMP) was up 2.03% or 1.27 points to 63.68 in late trade.
The worst performers of the session were Zip Co Ltd (ASX:ZIP), which fell 15.87% or 0.10 points to trade at 0.53 at the close. Unibail Rodamco Westfield (ASX:URW) declined 11.70% or 0.53 points to end at 4.00 and Mesoblast Ltd (ASX:MSB) was down 10.26% or 0.08 points to 0.70.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 1584 to 132 and 209 ended unchanged.
Shares in Zip Co Ltd (ASX:ZIP) fell to 5-year lows; down 15.87% or 0.10 to 0.53. Shares in Unibail Rodamco Westfield (ASX:URW) fell to 52-week lows; falling 11.70% or 0.53 to 4.00. Shares in Mesoblast Ltd (ASX:MSB) fell to 5-year lows; falling 10.26% or 0.08 to 0.70.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 22.41% to 21.85 a new 52-week high.
Gold Futures for August delivery was down 0.20% or 3.60 to $1,828.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.66% or 0.80 to hit $121.73 a barrel, while the August Brent oil contract rose 0.70% or 0.85 to trade at $123.12 a barrel.
AUD/USD was unchanged 0.42% to 0.70, while AUD/JPY rose 0.45% to 93.43.
The US Dollar Index Futures was down 0.33% at 104.61.