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

The Sydney closing bell saw the loss of 0.42 percent.

Magellan Financial Group Ltd., (ASX:) rose 5.03% to trade 17.11 at closing. Zip Co Ltd (ASX) gained 5.00%, or 0.06 points, to close at 1.16 Appen Ltd Late trade saw an ASX increase of 4.56%, or 0.29 point to 6.65

These were the worst performers of the session. Westgold Resources Ltd (ASX): The ASX fell 6.90% (0.11 points) to close at 1.49 Costa Group Holdings Ltd (ASX.:) dropped 6.42% (0.21 points) to reach 3.06, while Premier Investments Ltd. (ASX.:) fell 5.5% (1.42 points) towards 24.16.

The Sydney Stock Exchange saw falling stocks surpass advancing stock by 912, 536 and 373 respectively.

Westgold Resources Ltd. (ASX) shares fell to 52 week lows. They were down 6.90% (0.11 to 1.49). Premier Investments Ltd. shares (ASX:), fell to 52 week lows, down 5.55%.

The , which measures the implied volatility of S&P/ASX 200 options, was up 9.86% to 17.29 a new 1-month high.

The June delivery of Gold Futures was lower by 0.28%, or 5.26, to $1.858.34 per troy ounce. In commodities trading, crude oil fell 0.65 percent or $0.65 to reach $104.52 per barrel. The July Brent oil contract dropped 0.66%, or 0.71, to trade at $106.87/barrel.

AUD/USD increased 0.77% to 0.71 while AUD/JPY climbed 0.82% at 92.46.

US Dollar Index Futures were down 0.2% at 103.50