Australia shares lower at close of trade; S&P/ASX 200 down 0.12%

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Australia shares lower at close of trade; S&P/ASX 200 down 0.12%
Credit: © Reuters. – Australia equities were lower at the close on Wednesday, as losses in the Telecoms Services , Gold and IT sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.12%.

The biggest gainers of the session on the S&P/ASX 200 were Myer Holdings Ltd (AX: MYR ), which rose 7.24% or 0.053 points to trade at 0.777 at the close. Whitehaven Coal Ltd (AX: WHC ) added 4.14% or 0.145 points to end at 3.645 and Fortescue Metals Group Ltd (AX: FMG ) was up 3.58% or 0.180 points to 5.210 in late trade.

Biggest losers included Nine Entertainment Co Holdings Ltd (AX: NEC ), which lost 4.43% or 0.06 points to trade at 1.35 in late trade. Galaxy Resources Ltd (AX: GXY ) declined 3.92% or 0.100 points to end at 2.450 and Western Areas Ltd (AX: WSA ) shed 3.44% or 0.090 points to 2.530.

Declining stocks outnumbered rising ones by 596 to 553 and 371 ended unchanged on the Sydney Stock Exchange.

The S&P/ASX 200 VIX , which measures the implied volatility of S&P/ASX 200 options, was up 0.49% to 12.392.

In commodities trading, Gold Futures for December delivery was down 0.34% or 4.40 to $1297.30 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.62% or 0.32 to hit $52.20 a barrel, while the December Brent oil contract rose 0.47% or 0.27 to trade at $58.19 a barrel.

AUD/USD was down 0.36% to 0.7858, while AUD/JPY fell 0.16% to 88.38.

The US Dollar Index Futures was up 0.19% at 92.99.

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