Australia shares lower at close of trade; S&P/ASX 200 down 0.68%

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Australia shares lower at close of trade; S&P/ASX 200 down 0.68%
Credit: © Reuters. – Australia equities were lower at the close on Wednesday, as losses in the Telecoms Services , Gold and Real Estate Investment sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.68%.

The biggest gainers of the session on the S&P/ASX 200 were Pilbara Minerals Ltd (AX: PLS ), which rose 10.84% or 0.090 points to trade at 0.920 at the close. Galaxy Resources Ltd (AX: GXY ) added 6.38% or 0.210 points to end at 3.500 and Speedcast International Ltd (AX: SDA ) was up 6.35% or 0.330 points to 5.530 in late trade.

Biggest losers included Harvey Norman Holdings Ltd (AX: HVN ), which lost 12.45% or 0.570 points to trade at 4.010 in late trade. Bega Cheese Ltd (AX: BGA ) declined 6.41% or 0.470 points to end at 6.860 and Adelaide Brighton Ltd (AX: ABC ) shed 5.87% or 0.410 points to 6.580.

Declining stocks outnumbered rising ones by 706 to 535 and 379 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 4.20% to 13.570.

In commodities trading, Gold Futures for April delivery was down 0.02% or 0.30 to $1318.30 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.56% or 0.35 to hit $62.66 a barrel, while the May Brent oil contract fell 0.45% or 0.30 to trade at $66.22 a barrel.

AUD/USD was unchanged 0.00% to 0.7789, while AUD/JPY fell 0.20% to 83.44.

The US Dollar Index Futures was up 0.06% at 90.36.

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