Australia stocks lower at close of trade; S&P/ASX 200 down 1.63% By

© Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 1.63% – Australia stocks were lower after the close on Friday, as losses in the , and sectors led shares lower.

At the close in Sydney, the fell 1.63%.

The best performers of the session on the were Austal Ltd (ASX:), which rose 10.23% or 0.31 points to trade at 3.34 at the close. Meanwhile, Northern Star Resources Ltd (ASX:) added 7.64% or 1.050 points to end at 14.800 and Clinuvel Pharmaceuticals Ltd (ASX:) was up 6.98% or 1.58 points to 24.22 in late trade.

The worst performers of the session were Virgin Money UK PLC (ASX:), which fell 10.20% or 0.20 points to trade at 1.80 at the close. New Hope Corporation Ltd (ASX:) declined 8.16% or 0.120 points to end at 1.350 and Westpac Banking Corp (ASX:) was down 6.36% or 1.170 points to 17.220.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 635 to 545 and 326 ended unchanged.

The , which measures the implied volatility of S&P/ASX 200 options, was down 1.57% to 21.198.

Gold Futures for June delivery was up 0.27% or 4.70 to $1718.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.54% or 0.52 to hit $33.19 a barrel, while the August Brent oil contract fell 0.86% or 0.31 to trade at $35.72 a barrel.

AUD/USD was up 0.25% to 0.6652, while AUD/JPY fell 0.21% to 71.29.

The US Dollar Index Futures was down 0.06% at 98.312.

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