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

The Australian lost 0.94% by the end of Sydney.

They were the top performers at the session Champion Iron Ltd (ASX:), rose 4.58%, or 0.30 points, to trade at 6.85 at close. Alumina Ltd. (ASX:), which gained 3.05% (0.06 points) to trade at 2.03 and South32 Ltd Late trade saw an ASX: increase of 2.95%, or 0.14 point to 4.89

Zip Co Ltd (ASX) was the worst performer of the session, falling 7.62% (0.13 points) to close at 1.57. Mesoblast Ltd (ASX 🙂 dropped 6.91% (0.09 points) to finish at 1.14. Magellan Financial Group Ltd Ltd (ASX 🙂 was down 6.76% (1.03 points) to 14.20.

By 742 to 608 and 382 respectively, falling stocks outnumbered advancing on the Sydney Stock Exchange.

Zip Co Ltd’s shares (ASX:), fell to 52-week bottoms, losing 7.62% (0.13 to 1.57). Magellan Financial Group Ltd. (ASX) shares fell to their 5-year lowest point, down 6.76% (1.03 to 14.20).

The , which measures the implied volatility of S&P/ASX 200 options, was up 16.76% to 19.99 a new 1-month high.

The April delivery of Gold Futures was lower by 0.34%, or 6.80, to $1.993.60 per troy ounce. Other commodities traded included Crude oil, which rose 2.2% or 2.14 in April to reach $108.16/barrel, and the May Brent Oil contract, which rose 2.39%, 2.61 to trade for $111.94/barrel.

The AUD/USD exchange rate was stable at 0.12%, 0.73 and AUD/JPY increased by 0.42% to 85.79

US Dollar Index Futures were up 0.5% at 98.55