Investing.com – Australia equities were lower at the close on Wednesday, as losses in the Telecoms Services, IT and Utilities sectors propelled shares lower.
At the close in Sydney, the S&P/ASX 200 fell 0.42%.
The biggest gainers of the session on the S&P/ASX 200 were Syrah Resources Ltd (AX:SYR), which rose 5.56% or 0.060 points to trade at 1.140 at the close. Northern Star Resources Ltd (AX:NST) added 4.05% or 0.340 points to end at 8.740 and Ausdrill Ltd (AX:ASL) was up 3.61% or 0.050 points to 1.435 in late trade.
Biggest losers included TPG Telecom Ltd (AX:TPM), which lost 13.68% or 0.960 points to trade at 6.060 in late trade. Afterpay Touch Group Ltd (AX:APT) declined 6.68% or 1.900 points to end at 26.560 and Hub24 Ltd (AX:HUB) shed 6.66% or 0.970 points to 13.590.
Declining stocks outnumbered rising ones by 740 to 416 and 392 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 6.85% to 14.046.
In commodities trading, Gold Futures for June delivery was up 0.23% or 2.95 to $1288.55 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.78% or 0.48 to hit $61.88 a barrel, while the July Brent oil contract rose 0.49% or 0.34 to trade at $70.22 a barrel.
AUD/USD was up 0.15% to 0.7022, while AUD/JPY rose 0.03% to 77.31.
The US Dollar Index Futures was down 0.19% at 97.213.