Australia shares lower at close of trade; S&P/ASX 200 down 0.47%

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Australia shares lower at close of trade; S&P/ASX 200 down 0.47%
Credit: © Reuters.

Investing.com – Australia equities were lower at the close on Wednesday, as losses in the Gold , Metals & Mining and Resources sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.47%.

The biggest gainers of the session on the S&P/ASX 200 were Ardent Leisure Group (AX: AAD ), which rose 6.88% or 0.150 points to trade at 2.330 at the close. Incitec Pivot Ltd (AX: IPL ) added 5.11% or 0.160 points to end at 3.290 and Programmed Maintenance Services Ltd (AX: PRG ) was up 4.90% or 0.070 points to 1.500 in late trade.

Biggest losers included Mineral Resources Ltd (AX: MIN ), which lost 9.64% or 0.620 points to trade at 5.810 in late trade. Iluka Resources Ltd (AX: ILU ) declined 8.14% or 0.590 points to end at 6.660 and Evolution Mining Ltd (AX: EVN ) shed 6.49% or 0.110 points to 1.585.

Declining stocks outnumbered rising ones by 526 to 350 and 312 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 5.66% to 14.754.

In commodities trading, Gold for April delivery was down 1.08% or 13.50 to $1235.10 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.30% or 0.54 to hit $40.91 a barrel, while the May Brent oil contract fell 1.24% or 0.52 to trade at $41.27 a barrel.

AUD/USD was down 0.08% to 0.7615, while AUD/JPY fell 0.09% to 85.56.

The US Dollar Index was up 0.18% at 95.84.

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