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Australia stocks lower at close of trade; S&P/ASX 200 down 0.16% -Breaking

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© Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 0.16%

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

The loss was 0.16% at the Sydney close.

These were the best performers of the session Hub24 Ltd (ASX:) rose by 3.89% to trade at 24,83 at the closing. That’s a gain of 0.93 points or 0.93 percent. Orora Ltd (ASX) gained 3.37%, or 0.13 point to trade at 3.99. Virgin Money PLC was also up 3.01% (or 0.09 points) to close at 3.08.

ARB Corporation Ltd. ASX: fell 11.8%, or 4.23 points, to trade at 33.61 by the end of the session. Zip Co Ltd. (ASX:), fell 10.82% (0.13 points) to finish at 1.03 Costa Group Holdings Ltd (ASX:) fell 6.86%, or 0.21 point to 2.85

The Sydney Stock Exchange saw falling stocks surpass advancing stock by 1060, 452 and 342 respectively.

ARB Corporation Ltd. (ASX:), shares fell 52 weeks to their lowest point, losing 11.18%.

The , which measures the implied volatility of S&P/ASX 200 options, was down 2.08% to 16.93.

For June delivery, Gold Futures rose 0.3% to $1.871.11 an troy ounce. Other commodities traded included Crude oil, which rose by 3.01 or 2.94% to reach $105.42/barrel, and the July Brent Oil contract, which rose 2.80% or 2.94 per barrel to trade at $107.91/barrel.

The AUD/USD exchange rate was stable at 0.71 with a slight increase in AUD/JPY to 92.50.

At 103.48, the US Dollar Index Futures fell 0.02%.

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