Investing.com – Australia equities were lower at the close on Wednesday, as losses in the Financials, IT and Telecoms Services sectors propelled shares lower.
At the close in Sydney, the S&P/ASX 200 lost 0.37%.
The biggest gainers of the session on the S&P/ASX 200 were Galaxy Resources Ltd (AX:GXY), which rose 5.42% or 0.110 points to trade at 2.140 at the close. ALS Ltd (AX:ALQ) added 4.35% or 0.340 points to end at 8.150 and Sky Network Television Ltd. (AX:SKT) was up 4.33% or 0.100 points to 2.410 in late trade.
Biggest losers included Perpetual Ltd (AX:PPT), which lost 4.83% or 2.670 points to trade at 52.630 in late trade. Platinum Asset Management Ltd (AX:PTM) declined 4.09% or 0.250 points to end at 5.860 and Insurance Australia Group Ltd (AX:IAG) shed 3.88% or 0.250 points to 6.200.
Declining stocks outnumbered rising ones by 616 to 542 and 350 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 5.61% to 14.318.
In commodities trading, Gold Futures for December delivery was down 0.06% or 0.87 to $1343.63 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.14% or 0.07 to hit $48.59 a barrel, while the November Brent oil contract fell 0.36% or 0.19 to trade at $53.19 a barrel.
AUD/USD was down 0.05% to 0.7992, while AUD/JPY fell 0.11% to 86.90.
The US Dollar Index Futures was down 0.07% at 92.22.