Australia shares lower at close of trade; S&P/ASX 200 down 0.51%

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Australia shares lower at close of trade; S&P/ASX 200 down 0.51%
Credit: © Reuters. – Australia equities were lower at the close on Wednesday, as losses in the Financials , Telecoms Services and IT sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.51% to hit a new 1-month low.

The biggest gainers of the session on the S&P/ASX 200 were Retail Food Group Ltd (AX: RFG ), which rose 5.92% or 0.050 points to trade at 0.895 at the close. Bellamys Australia Ltd (AX: BAL ) added 5.31% or 0.840 points to end at 16.650 and Southern Cross Media Group Ltd (AX: SXL ) was up 4.79% or 0.058 points to 1.258 in late trade.

Biggest losers included Orocobre Ltd (AX: ORE ), which lost 5.41% or 0.320 points to trade at 5.600 in late trade. Rea Group Ltd (AX: REA ) declined 4.23% or 3.850 points to end at 87.060 and Wisetech Global Ltd (AX: WTC ) shed 3.35% or 0.490 points to 14.130.

Declining stocks outnumbered rising ones by 691 to 475 and 423 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 15.91% to 13.256.

In commodities trading, Gold Futures for June delivery was down 0.01% or 0.10 to $1298.90 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.22% or 0.15 to hit $66.58 a barrel, while the August Brent oil contract fell 0.40% or 0.30 to trade at $75.19 a barrel.

AUD/USD was down 0.07% to 0.7500, while AUD/JPY fell 0.12% to 81.52.

The US Dollar Index Futures was down 0.06% at 94.75.

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