Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Financials, Telecoms Services and IT sectors led shares lower.
At the close in Sydney, the S&P/ASX 200 fell 0.51% to hit a new 1-month low.
The best performers of the session on the S&P/ASX 200 were Retail Food Group Ltd (AX:RFG), which rose 5.92% or 0.050 points to trade at 0.895 at the close. Meanwhile, Bellamys Australia Ltd (AX:BAL) added 5.31% or 0.840 points to end at 16.650 and Southern Cross Media Group Ltd (AX:SXL) was up 4.79% or 0.058 points to 1.258 in late trade.
The worst performers of the session were Orocobre Ltd (AX:ORE), which fell 5.41% or 0.320 points to trade at 5.600 at the close. Rea Group Ltd (AX:REA) declined 4.23% or 3.850 points to end at 87.060 and Wisetech Global Ltd (AX:WTC) was down 3.35% or 0.490 points to 14.130.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 691 to 473 and 424 ended unchanged.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 15.91% to 13.256.
Gold Futures for June delivery was down 0.01% or 0.10 to $1298.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.22% or 0.15 to hit $66.58 a barrel, while the August Brent oil contract fell 0.40% or 0.30 to trade at $75.19 a barrel.
AUD/USD was down 0.07% to 0.7500, while AUD/JPY fell 0.15% to 81.50.
The US Dollar Index Futures was down 0.06% at 94.75.