Australia stocks lower at close of trade; S&P/ASX 200 down 0.41%

Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the Materials, Utilities and Metals & Mining sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 declined 0.41%.

The best performers of the session on the S&P/ASX 200 were Coles Group Ltd (ASX:COL), which rose 8.01% or 1.66 points to trade at 22.39 at the close. Meanwhile, IperionX Limited (ASX:IPX) added 5.60% or 0.37 points to end at 6.98 and Paladin Energy Ltd (ASX:PDN) was up 5.32% or 0.37 points to 7.33 in late trade.

The worst performers of the session were Abacus SK Pty Ltd Unit (ASX:ASK), which fell 9.06% or 0.14 points to trade at 1.41 at the close. Deterra Royalties Ltd (ASX:DRR) declined 6.85% or 0.30 points to end at 4.08 and Hub24 Ltd (ASX:HUB) was down 6.03% or 6.78 points to 105.68.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 632 to 513 and 419 ended unchanged.

Shares in IperionX Limited (ASX:IPX) rose to all time highs; up 5.60% or 0.37 to 6.98.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 0.63% to 10.82.

Gold Futures for December delivery was up 0.09% or 3.10 to $3,420.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.59% or 0.38 to hit $64.42 a barrel, while the November Brent oil contract fell 0.50% or 0.34 to trade at $67.88 a barrel.

AUD/USD was unchanged 0.02% to 0.65, while AUD/JPY fell 0.08% to 95.72.

The US Dollar Index Futures was down 0.04% at 98.28.