Australia shares lower at close of trade; S&P/ASX 200 down 0.83%

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Australia shares lower at close of trade; S&P/ASX 200 down 0.83%
Credit: © Reuters.

Investing.com – Australia equities were lower at the close on Thursday, as losses in the Gold , Utilities and Industrials sectors propelled shares lower.

At the close in Sydney, the S&P/ASX 200 fell 0.83% to hit a new 6-month low.

The biggest gainers of the session on the S&P/ASX 200 were G8 Education Ltd (AX: GEM ), which rose 4.91% or 0.185 points to trade at 3.955 at the close. Tassal Group Ltd (AX: TGR ) added 2.34% or 0.090 points to end at 3.940 and Santos Ltd (AX: STO ) was up 2.30% or 0.090 points to 4.010 in late trade.

Biggest losers included Syrah Resources Ltd (AX: SYR ), which lost 6.48% or 0.244 points to trade at 3.520 in late trade. Resolute Mining Ltd (AX: RSG ) declined 6.30% or 0.073 points to end at 1.077 and Galaxy Resources Ltd (AX: GXY ) shed 5.82% or 0.160 points to 2.590.

Declining stocks outnumbered rising ones by 723 to 412 and 360 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 12.66% to 13.462.

In commodities trading, Gold Futures for December delivery was down 1.10% or 14.44 to $1301.96 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.12% or 0.06 to hit $50.63 a barrel, while the November Brent oil contract fell 0.21% or 0.12 to trade at $56.17 a barrel.

AUD/USD was down 0.75% to 0.7971, while AUD/JPY fell 0.58% to 89.60.

The US Dollar Index Futures was up 0.11% at 92.32.

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